Coincheck Group N.V. has completed the acquisition of approximately 99.8% beneficial ownership of 3iQ Corp., a Canadian digital asset investment manager, marking a further step in its international expansion strategy.

The transaction closed on February 28, 2026, following the announcement of a stock purchase agreement on January 8. 3iQ is headquartered in Ontario, Canada, and operates as an alternative digital asset manager serving institutional and retail investors.

Expanding Institutional Capabilities

The acquisition strengthens Coincheck Group’s presence in regulated digital asset investment products, particularly within the institutional segment. The group has indicated that it intends to explore revenue synergies across its portfolio, including collaboration between 3iQ and its Paris-based crypto prime brokerage subsidiary Aplo, as well as integration with Next Finance Tech, a staking services platform acquired in March 2025.

The deal also allows Coincheck Group to distribute public company costs across a broader revenue base while diversifying its sources of income geographically and by product type.

3iQ’s Market Position and Track Record

Founded in 2012, 3iQ has been active in launching regulated digital asset investment products within traditional financial market structures. In 2017, it became the first regulated digital asset investment fund manager in Canada.

In 2020, 3iQ launched exchange-listed Bitcoin and Ether funds on the Toronto Stock Exchange. In subsequent years, it introduced staking-focused exchange-traded products, including Ethereum staking exposure, as well as managed account solutions through its QMAP platform.

In 2025, 3iQ launched a Solana staking exchange-traded fund and a spot-based XRP exchange-traded product. The firm also partnered with Further Asset Management in the United Arab Emirates to launch a market-neutral, multi-strategy digital asset hedge fund.

Broader Expansion Strategy

The acquisition aligns with Coincheck Group’s recent cross-border transactions. In October 2025, the group acquired Aplo SAS, a registered crypto prime brokerage headquartered in France. Earlier in 2025, it acquired Next Finance Tech Co., Ltd., expanding its staking services capabilities.

Through the integration of 3iQ, Coincheck Group gains access to established exchange-traded digital asset products and managed account platforms within North America, complementing its Japanese exchange operations.

Advisors to the transaction included Oppenheimer & Co. as financial advisor, along with legal counsel in the Netherlands, the United States and Canada. Financial and legal advisors also supported Monex Group, the parent entity of Coincheck Group.

Industry Recognition

3iQ has received industry awards in 2025, including recognition as a digital asset investment manager and ETF issuer in Canadian and Middle Eastern markets.

The completion of the transaction positions Coincheck Group with operations spanning Japan, Europe and North America, reflecting ongoing consolidation within the digital asset investment management sector.

Takeaway

The acquisition strengthens Coincheck Group’s institutional footprint in regulated digital asset products and reflects continued cross-border consolidation among crypto asset managers.