Japan’s Coincheck closes $110M deal for 3iQ, $2.5B AUM crypto ETF issuer

Coincheck Group has acquired 97% of 3iQ for 27. 1 million of its ordinary shares at a $111. 8 million valuation. An additional exchange of 810,435 of its shares would earn the company total ownership. Coincheck Group, one of Japan’s largest cryptocurrency exchanges, has announced its acquisition of 3iQ Corp. , a pioneering Canadian digital asset manager. The […] source: https://www.cryptopolitan.com/coincheck-deal-for-3iq-crypto-etf-issuer/