coin-img-WOTAMALAILEWOTAMALAILE+72.45%coin-img-BREVBREV+0.03%coin-img-PEPEPEPE-2.94%coin-img-LIGHTERLIGHTER-7.69%coin-img-BONKBONK-3.78%coin-img-HYPEHYPE-6.13%coin-img-AAVEAAVE-1.25%coin-img-SUISUI-0.82%coin-img-WOTAMALAILEWOTAMALAILE+72.45%coin-img-BREVBREV+0.03%coin-img-PEPEPEPE-2.94%coin-img-LIGHTERLIGHTER-7.69%coin-img-BONKBONK-3.78%coin-img-HYPEHYPE-6.13%coin-img-AAVEAAVE-1.25%coin-img-SUISUI-0.82%coin-img-WOTAMALAILEWOTAMALAILE+72.45%coin-img-BREVBREV+0.03%coin-img-PEPEPEPE-2.94%coin-img-LIGHTERLIGHTER-7.69%coin-img-BONKBONK-3.78%coin-img-HYPEHYPE-6.13%coin-img-AAVEAAVE-1.25%coin-img-SUISUI-0.82%coin-img-WOTAMALAILEWOTAMALAILE+72.45%coin-img-BREVBREV+0.03%coin-img-PEPEPEPE-2.94%coin-img-LIGHTERLIGHTER-7.69%coin-img-BONKBONK-3.78%coin-img-HYPEHYPE-6.13%coin-img-AAVEAAVE-1.25%coin-img-SUISUI-0.82%

Coincheck to acquire 97% of Canadian asset manager 3iQ for $112 million

Japan-based crypto exchange Coincheck agreed on January 8 to acquire roughly 97% of Canadian digital asset manager 3iQ in a stock deal valuing 3iQ at $112 million, BlockBeats reports. Under the agreement with Monex Group, shares in 3iQ's holding company beneficially owned by Monex will be exchanged for 27,149,684 newly issued Coincheck Group common shares priced at $4.00 each, with Coincheck Group potentially issuing up to 810,435 additional shares to 3iQ minority shareholders to reach 100% ownership. Founded in 2012, 3iQ launched some of the first Bitcoin and Ethereum funds listed on the Toronto Stock Exchange in North America and in 2025 introduced a Solana staking ETF and an XRP spot ETF.
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