Digital asset management platform Coincheck Group officially announced the acquisition of Canada's leading digital asset management company 3iQ, with a transaction scale of $112.184 million, acquiring 97% of its equity at a price of $4 per share. The deal is expected to be completed in Q2 and has currently been submitted for regulatory approval. This move marks Coincheck's further strengthening of its presence in the North American market. By integrating 3iQ's asset management capabilities and customer base, it is expected to create a stronger competitive edge in the US and Canada regions.
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TommyTeacher
· 01-10 09:38
1.1 billion USD invested in North America, is Coincheck about to take over half of North America?
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Has 3iQ been acquired? The North American landscape is changing again.
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Wait, Q2 just completed? Is the regulation this fast? That's a bit suspicious.
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Secured 97% equity, this deal is quite aggressive. North American competitiveness will indeed soar.
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Once again, overseas expansion. These exchanges are really competing for global dominance.
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Acquiring a leading Canadian company at $4 per share, how's the cost performance, everyone?
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In asset management integration, is Coincheck aiming to be comprehensive and large-scale?
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AirdropHunter007
· 01-09 19:37
$110 million invested, Coincheck is planning to make a move in North America, directly impacting 3iQ's client base.
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CountdownToBroke
· 01-09 00:51
Wait, 97% equity for 110 million? So 3iQ's valuation is only around a billion or so, North American asset management isn't as lucrative as expected.
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GasFeeNightmare
· 01-09 00:47
Coincheck's acquisition is indeed interesting, but spending $110 million just for 97% equity—how do you even calculate that...
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PerennialLeek
· 01-09 00:45
110 million USD to buy an asset management fund, coincheck really has money.
Digital asset management platform Coincheck Group officially announced the acquisition of Canada's leading digital asset management company 3iQ, with a transaction scale of $112.184 million, acquiring 97% of its equity at a price of $4 per share. The deal is expected to be completed in Q2 and has currently been submitted for regulatory approval. This move marks Coincheck's further strengthening of its presence in the North American market. By integrating 3iQ's asset management capabilities and customer base, it is expected to create a stronger competitive edge in the US and Canada regions.