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New Deal


Announced

Monex Group to acquire a majority stake in 3iQ Digital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Asset Managers and Custodians

Private

crypto asset

Majority

Pending

Canada

Acquisition

Cross Border

Friendly

Single Bidder

Synopsis

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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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