Nasdaq-listed Coincheck to acquire 3iQ for $112M to bolster digital asset offerings
Key receivers
Coincheck Group is acquiring 3iQ, a Canadian digital asset manager, for $112 million. This acquisition includes a share purchase agreement, giving Coincheck 97% ownership of 3iQ.
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Nasdaq-listed Coincheck Group NV, which operates one of Japan's leading crypto exchanges, has agreed to acquire 97% of Toronto-based digital asset investment manager 3iQ, a press release announced Thursday.
The deal, valued at approximately $112 million, includes an exchange of shares of Coincheck Group, the majority shareholder owned by Monex, for newly issued shares of Coincheck Group.
The acquisition, which is expected to close in the second quarter of 2026, aims to expand Coincheck Group's global presence and enhance its digital asset offering. The transaction also includes provisions to acquire the remaining shares from 3iQ's minority shareholders, aiming for 100% ownership.
