Monex Group, the parent company of the Coincheck exchange, has increased its ownership stake in the Canadian digital asset management company 3iQ Digital Holdings to 97.8% after spending 31 million USD to acquire an additional 20.6% of the shares. This move aims to strengthen control and meet the growing demand from institutional investors for digital asset products.
Monex became a major shareholder of 3iQ for the first time in April 2024. Since then, 3iQ has launched several products, notably the Solana ETF staking (4/2025) and the XRP ETF on the Toronto exchange (6/2025). As a result, the company's assets under management increased from 785.5 million USD (6/2024) to 1.1 billion USD (6/2025), a 39% increase compared to the same period.
According to Monex, the new investment helps expand products, strengthen its position in the global digital asset market, and better serve institutional investors amid increasing demand.
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Monex Group acquisition 97.8% control rights of Crypto Manager 3iQ
Monex Group, the parent company of the Coincheck exchange, has increased its ownership stake in the Canadian digital asset management company 3iQ Digital Holdings to 97.8% after spending 31 million USD to acquire an additional 20.6% of the shares. This move aims to strengthen control and meet the growing demand from institutional investors for digital asset products.
Monex became a major shareholder of 3iQ for the first time in April 2024. Since then, 3iQ has launched several products, notably the Solana ETF staking (4/2025) and the XRP ETF on the Toronto exchange (6/2025). As a result, the company's assets under management increased from 785.5 million USD (6/2024) to 1.1 billion USD (6/2025), a 39% increase compared to the same period.
According to Monex, the new investment helps expand products, strengthen its position in the global digital asset market, and better serve institutional investors amid increasing demand.