Coincheck to Acquire 97% Stake in 3iQ for $111.8 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Market Expansion Plan: Coincheck Group has announced plans to issue 27,149,684 new shares, estimated to be worth around $111.8 million, to acquire a 97% stake in Canadian digital asset manager 3iQ, significantly enhancing its position in the global institutional crypto market.
- Regulatory Approval Pending: The acquisition is expected to be completed by the second quarter of 2026, pending regulatory approval, but if successful, it will allow Coincheck to control 3iQ’s portfolio of regulated exchange-traded funds (ETFs) and digital asset funds, driving long-term growth.
- Product and Infrastructure Enhancement: Coincheck CEO Gary Simanson stated that 3iQ will provide high-quality product offerings, strong infrastructure, and expert asset management skills, which will enhance Coincheck's competitive edge in the market.
- Shareholder Interests Secured: Coincheck plans to offer the same acquisition terms to 3iQ’s minority shareholders, potentially resulting in the issuance of up to 810,435 additional ordinary shares, thereby further solidifying its full control over the asset management company.
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.
