Coincheck Group N.V., a Netherlands-based holding company for the Japanese crypto exchange Coincheck, has completed its acquisition of approximately 99.8% of 3iQ Corp., a Canada-based digital asset investment manager. The transaction closed on February 28, 2026, following the earlier announcement of a stock purchase agreement on January 8, 2026.
Founded in 2012 and headquartered in Ontario, Canada, 3iQ has built a reputation as a pioneer in institutional digital asset investment solutions. The firm was among the first to introduce regulated crypto investment products in traditional financial markets and has played a key role in expanding institutional access to digital assets.
Over the years, 3iQ has launched several industry-first products and initiatives. These include becoming Canada’s first regulated digital asset investment fund manager in 2017 and launching the Global Cryptoasset Fund in 2018, which offered diversified exposure to multiple cryptocurrencies. In 2020, the firm launched North America’s first major exchange-listed bitcoin and ether funds on the Toronto Stock Exchange.
The company continued expanding its product lineup in recent years. In 2023, 3iQ introduced QMAP, a digital assets managed account platform designed to provide hedge fund-style investment strategies with risk-managed exposure to cryptocurrencies. That same year, it launched the world’s first Ethereum staking ETF and North America’s first ether staking ETP, enabling investors to earn staking rewards through regulated investment products.
In 2025, the company launched one of the first Solana staking ETFs and a spot-based XRP ETF. It also partnered with Further Asset Management, a UAE-based digital asset investment manager, to introduce Further x 3iQ Alpha Digital, a market-neutral, multi-strategy hedge fund that provides risk-managed digital asset exposure.
The acquisition of 3iQ is part of Coincheck Group’s broader strategy to expand globally and strengthen its presence in institutional crypto markets. The company believes the transaction will enable revenue synergies across its growing portfolio of digital asset businesses.
Coincheck Group has been expanding through acquisitions in recent years. In October 2025, the company acquired Aplo SAS, a crypto prime brokerage based in Paris that serves institutional investors. Earlier in March 2025, it also acquired Next Finance Tech Co., Ltd., a company focused on staking platform services.
With the addition of 3iQ, Coincheck Group plans to explore operational and commercial synergies among its subsidiaries. These include collaboration between 3iQ and Aplo to deliver enhanced services to institutional clients, as well as leveraging Next Finance’s staking capabilities to support investment products offered by 3iQ, Aplo, and Coincheck.
Coincheck Group also noted that the transaction will allow the public company to distribute operating costs across a broader and more diversified revenue base as it continues to scale its global digital asset platform.
Founded in 2012, 3iQ has received multiple industry recognitions for its innovation in digital asset investment management. In 2025, the firm received several awards including Best Bitcoin ETF Issuer at the ETF Express Canadian Awards, Fund Manager Innovator of the Year at the WP Awards, and Best Digital Asset Investment Manager at the Digital Commonwealth Awards.
