Monex Group acquires 97.8% controlling stake in Canadian crypto asset management company 3iQ

Huobi HTX reported that according to the announcements of BeInCrypto and Monex Group, Monex, a parent company of Japan's Coincheck, has acquired 20.6% of the equity of Canadian crypto asset manager 3iQ Digital Holdings, with a transaction price of 45.84 million Canadian dollars (about 31 million US dollars), and the voting ratio has risen to about 97.8%. It is reported that 3iQ's management scale has increased by 39% year-on-year to CAD 1.51 billion, and has launched Solana staking ETFs and XRP ETFs on the Toronto Exchange this year.