Coincheck Acquires 97% of 3iQ Corp for $111.8 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Strategic Acquisition: Coincheck Group announced the acquisition of 97% of Canadian digital asset manager 3iQ Corp for $111.8 million, marking the third strategic acquisition by Japan's leading crypto exchange in the past 12 months, with the transaction expected to close in Q2 2026 pending regulatory approval.
- Equity Structure Adjustment: Coincheck will issue 27,149,684 new ordinary shares valued at $4.00 each to acquire the majority stake from Monex Group, with provisions to offer equivalent terms to minority shareholders, potentially issuing an additional 810,435 shares for 100% ownership.
- Enhanced Market Position: This acquisition provides Coincheck with 3iQ's 12-year operational history and institutional product suite, with CEO Gary Simanson stating that by combining strengths, they will be better positioned to meet the needs of institutional and sophisticated investors, thereby enhancing competitive positioning.
- Expected Revenue Synergies: Coincheck plans to leverage synergies with 3iQ and Aplo to offer services to institutional clients, with the deal anticipated to be earnings accretive, further driving growth in the digital asset space.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
