2026-01-09 01:29:59

Coincheck has finalized a $112 million stock purchase agreement to acquire a 97% controlling stake in 3iQ, a prominent Canadian digital asset manager. The acquisition grants Coincheck access to 3iQ's regulated cryptocurrency ETF and managed fund platform, marking a strategic expansion into the institutional digital asset space. This move reflects growing consolidation among platforms seeking to strengthen their offerings in regulated crypto products and strengthen their institutional client base.

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MetaverseMigrant

· 18h ago

coincheck acquires 3iQ for $112 million, this move is to secure a position in the institutional track... but to be honest, I've heard a lot of these merger and acquisition news, the key is whether they can truly develop compliant products that achieve results.

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TokenAlchemist

· 01-10 03:33

ngl, the whole "regulated crypto products" angle is just TradFi cosplay at this point. coincheck's basically buying institutional credibility on the cheap—97% stake for $112m when the real alpha's still in undercapitalized protocol arbitrage. 3iQ's etf wrapper doesn't decode anything new about market microstructure, just different packaging for the same inefficiency vectors tbh

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WenAirdrop

· 01-09 01:51

coincheck's move is quite aggressive, directly investing 112 million USD to acquire 3iQ. It seems they are really heading towards the institutional side. The institutional market is indeed a big cake, but whether such large acquisitions can be effectively integrated depends on what happens next... With 97% control, it feels like they want to establish a long-term presence in regulated products, matching BlackRock's pace? Honestly, this wave of consolidation is a bit crazy. The era of big fish eating small fish has arrived. The ETF and managed fund sectors are really lucrative, no wonder they are eager to jump in.

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DYORMaster

· 01-09 01:49

Another round of large-scale mergers. It feels like the institutionalization pace of this cycle is really accelerating.

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DeepRabbitHole

· 01-09 01:42

Coincheck's move was the right one; institutional funds are the future.

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AirdropAutomaton

· 01-09 01:39

coincheck is paving the way for institutionalization, having acquired 97% of the shares. It seems they want to turn 3iQ into their own golden egg chicken.

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