todayonchain.com

Nasdaq-listed Coincheck to acquire 3iQ for $112M to bolster digital asset offerings

Crypto Briefing
Nasdaq-listed Coincheck Group is acquiring Canadian digital asset manager 3iQ for approximately $112 million to expand its global presence.

Summary

Coincheck Group NV, a Nasdaq-listed entity operating a major Japanese crypto exchange, has agreed to acquire 97% of Toronto-based digital asset investment manager 3iQ for about $112 million. The transaction involves a stock purchase agreement where shares owned by Monex, Coincheck Group's majority shareholder, will be exchanged for newly issued Coincheck Group ordinary shares. This strategic acquisition is intended to enhance Coincheck Group’s digital asset offerings and expand its international footprint, with the deal expected to finalize in the second quarter of 2026. Provisions are also in place to eventually acquire the remaining minority shares for full ownership of 3iQ.

(Source:Crypto Briefing)