2026-01-08 15:27:16

There has been a major industry rumor in the past few days—Japan's cryptocurrency exchange Coincheck's parent company has signed a purchase agreement with major shareholder Monex Group, planning to acquire approximately 97% of Canadian digital asset management firm 3iQ Corp.

The news of the deal is quite surprising. It values 3iQ at around $112 million, and both parties plan to finalize the deal by Q2 2026. Of course, the necessary conditions include approval from regulatory authorities and passing due diligence.

From the merger and acquisition trends, this move is another step for Japan's crypto ecosystem to expand into the North American market. By acquiring a mature digital asset management team, they can quickly fill their capability gaps and accelerate their deployment within a compliant framework. For the entire industry, such cross-border M&A deals are becoming more frequent, indicating that the institutionalization and internationalization of the crypto market are clearly accelerating.

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ImpermanentPhobia

· 01-11 15:00

$112 million to acquire 3iQ, Monex's move is really steady, but will the regulatory approval go smoothly? Japan wants to tap into North America, what about our domestic market? Wait, only finalized in 2026? This pace is a bit slow. Accelerating institutionalization is indeed good, but we must watch out for regulatory disputes between countries. Monex is increasingly aggressive in the crypto ecosystem, firmly establishing its shareholder position. Frequent cross-border M&A is a good sign, indicating market prospects. But I’m more concerned about whether this deal is bubble or not. With 97% ownership, they are really aiming to understand North America thoroughly. Valued at $112 million, how is the asset of 3iQ? Does anyone know? Again, Japan and Canada, when will our Asian market rise? Is there any hope for regulatory approval? Feels like regulations have been tightening over the past two years. Waiting for the 2026 gossip, but such large mergers usually come with uncertainties.

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FloorPriceNightmare

· 01-09 04:37

The Japanese played this move quite ruthlessly, directly taking over North America's management capabilities. It seems there's really no way to avoid compliance issues.

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SerumDegen

· 01-08 19:21

monex really thinks they're gonna cascade into north america huh... classic institutional playbook, acquire the compliance wrapper and call it expansion lol. 2026 q2 though? that's some copium timeline if regulators actually give a damn. watched this exact pattern liquidate so many times before

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DataChief

· 01-08 15:57

Another major player is bottom-fishing in North America. Accelerating compliance is the key to profitability.

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DegenDreamer

· 01-08 15:57

Monex's move still has some substance; expanding within a compliant framework is definitely more reliable than previous reckless growth. But $112 million to acquire 3iQ... we'll see if the regulators approve before we know the true outcome.

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GateUser-bd883c58

· 01-08 15:56

The Japanese conglomerate played this move well, spending $112 million to directly acquire the North American team... Honestly, they still want to grab a piece of the lucrative North American market.

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0xOverleveraged

· 01-08 15:49

Japan is about to enter North America, Monex is really playing big.

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MonkeySeeMonkeyDo