Coincheck to Acquire Majority Stake in 3iQ by 2026

Coincheck, a prominent Japanese cryptocurrency exchange, is set to acquire 97% of 3iQ Corp. for $111.84 million, anticipated to close by Q2 2026.

This acquisition aims to enhance Coincheck’s institutional offerings, leveraging 3iQ’s expertise in digital asset funds amid growing competition in cryptocurrency exchanges.

Coincheck’s $111.84 Million Move for 3iQ Explained

Coincheck Group N.V. intends to acquire a nearly 97% stake in 3iQ Corp., with an agreement valuing the asset at $111,840,476. The transaction targets completion in Q2 2026, pending regulatory approvals and due diligence. Notable executives involved include Gary A. Simanson from Coincheck and Yuko Seimi of Monex Group Inc., both emphasizing strategic growth and integration opportunities.

This move represents a significant reshaping of Coincheck’s asset management capabilities. Conducted as an all-share deal, the intent is to strengthen Coincheck’s institutional presence by leveraging 3iQ’s proven expertise, aligning with Coincheck’s broader multi-asset institutional expansion goals.

Strategic Expansion Aligns with Coincheck’s Global Vision

Did you know? Coincheck’s acquisition aligns with its 2025 expansion strategy, including Aplo SAS’s acquisition and the staking service enhancement from Next Finance Tech Co., Ltd., marking significant growth beyond traditional crypto-exchange services.

According to CoinMarketCap, Bitcoin’s current price is $90,691.43, down 0.35% in the last 24 hours, and 2.85% up over the past week. Its market cap stands at formatNumber(1811405999011, 2) and maintains a 58.56% market dominance. Over the last 60 days, Bitcoin prices declined by 13.26%.

Insights from Coincu suggest the merger will alter the financial landscape for Coincheck, enhancing opportunities in digital asset management. Regulatory approvals will likely play a crucial role in the success of this acquisition, potentially leading to broader industry innovations.