Foresight News
Foresight News|Jan 08, 2026 12:30
[Coincheck Plans to Spend Approximately $112 Million to Acquire 97% Stake in 3iQ] Foresight News reports that Nasdaq-listed Japanese cryptocurrency exchange Coincheck has announced an agreement with Monex Group to acquire approximately 97% of the shares in Canadian digital asset management company 3iQ. According to the agreement, 3iQ is valued at approximately $112 million. Coincheck will issue 27.1497 million new shares to Monex Group at a price of $4.00 per share as acquisition consideration. The transaction is expected to be completed in the second quarter of 2026, at which point Coincheck plans to achieve 100% ownership of 3iQ through subsequent acquisitions. Founded in 2012, 3iQ launched North America's first Bitcoin and Ethereum funds listed on the Toronto Stock Exchange and introduced Solana Staking ETFs and XRP Spot ETFs in 2025.
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