Announced
Financials
Sources
Tags
Asset Managers and Custodians
Private
crypto asset
Majority
Pending
Canada
Acquisition
Cross Border
Friendly
Single Bidder
Synopsis
Monex Group, a financial group that runs online brokerage, crypto exchange, and asset management business, agreed to acquire a majority stake in 3iQ Digital, a crypto asset management company. Financial terms were not disclosed. "Our long term strategy is to strengthen our asset management business, and by welcoming 3iQ to our group, we aim to achieve high growth by capturing the crypto asset management needs of institutional investors and crypto asset exchanges around the world, which are expected to grow in the future, " Yuko Seimei, Monex Group CEO.
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