Crypto
Coincheck to buy 97% stake in Canadian digital asset manager 3iQ
Coincheck Group will acquire a 97% stake in Canadian digital asset manager 3iQ for $112 million. The Block reported the purchase price will be paid through a new share issuance. Coincheck plans to offer the same terms to 3iQ minority shareholders to pursue a full takeover. Coincheck operates Japan\'s largest cryptocurrency exchange, Coincheck. It said the deal is its third strategic merger and acquisition and aims to boost profitability and strengthen its North American network.
