Coincheck Group N.V. (NASDAQ:CNCK), the holding company of Coincheck, Inc., one of Japan’s leading crypto asset exchanges, today announced that it has entered into a stock purchase agreement with its majority shareholder, Monex Group, Inc., as seller, to acquire approximately 97% beneficial ownership of 3iQ Corp., one of the world’s leading alternative digital asset managers. 3iQ is based in Ontario, Canada.

Pursuant to the agreement, based on an agreed value for 3iQ of USD 111,840,476, and an agreed value for Coincheck Group stock of USD 4.00 per ordinary share, all issued and outstanding shares beneficially owned by Monex in 3iQ’s holding company, constituting approximately 97% beneficial ownership of 3iQ, are to be exchanged for 27,149,684 newly issued ordinary shares of Coincheck Group.

The agreement also contemplates that between signing and closing Coincheck Group will offer the same or substantially equivalent acquisition consideration terms to 3iQ’s minority shareholders, issuing to them in the aggregate up to 810,435 Coincheck Group ordinary shares, which would result in Coincheck Group beneficially owning 100% of 3iQ.

Closing of the transaction, which is subject to customary undertakings and certain conditions, including regulatory approvals and confirmatory due diligence, is expected during the second calendar quarter of 2026.

3iQ was founded in 2012 with the mission to provide investors access to digital assets within traditional financial accounts.

“We expect that 3iQ will bring to Coincheck Group proven innovation, expertise and institutional product offerings and infrastructure recognized in the digital asset investment management space,” said Gary A Simanson, CEO and Executive Director of Coincheck Group. “By combining our strengths, we believe we will be better positioned to meet the needs of institutional and sophisticated investors and firms, including traditional financial institutions now seeking to include digital assets in their portfolio offerings to their customers. We also anticipate that the acquisition will be accretive to our earnings.”

“We believe that this reorganization of our crypto-asset business segment by moving 3iQ under Coincheck Group unleashes increased opportunities for our growth and success internationally in both our crypto-asset and asset & wealth management businesses,” said Yuko Seimi, CEO and Representative Executive Officer of Monex. “We view this as a ‘win-win’ for both Monex and Coincheck Group shareholders.”

The 3iQ acquisition represents another important step in Coincheck Group’s strategy for global expansion, including in the institutional space. The 3iQ acquisition follows Coincheck Group’s October 2025 acquisition of Aplo SAS, a registered crypto prime brokerage for institutional investors headquartered in Paris, France, and its March 2025 acquisition of Next Finance Tech Co., Ltd, a staking platform services company.

Coincheck Group intends to explore potential revenue synergies, including 3iQ and Aplo offering value-added services to each other’s institutional clients and Next Finance providing staking services to or for 3iQ, Aplo and Coincheck.

The transaction also enables Coincheck Group to spread its public company costs over a larger and more diversified revenue base.

Oppenheimer & Co. served as financial advisor, and De Brauw Blackstone Westbroek (Netherlands), Simpson Thacher & Bartlett (U.S.) and Stikeman Elliott (Canada) served as counsel, to Coincheck Group. Cinaport Capital served as financial consultant, and Wildeboer Dellelce served as counsel, to Monex Group.