Investment Banking
Financial Advisor to Coincheck on its Announced Acquisition of 3iQ
January 27, 2026
Oppenheimer & Co. Inc. acted as Financial Advisor to Coincheck on its Announced Acquisition of 3iQ
On January 8, 2026, Coincheck Group, N.V. “Coincheck” (NASDAQ: CNCK) announced it has entered into an agreement to acquire 3iQ Corp. (“3iQ”), a leading alternative digital asset manager. 3iQ launched the world’s first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution offering innovative risk managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin ETP listed on a major global stock exchange, the 3iQ Bitcoin ETF (TSX: BTCQ) (TSX: BTCQ.U) and offers other regulated ETPs. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management.
The transaction consideration will consist of $112 million in equity payable at closing for 97% beneficial ownership of 3iQ, with Coincheck offering the same or substantially similar acquisition consideration terms to the remaining minority shareholders. The transaction is expected to close in the second quarter of 2026, subject to regulatory approval and conditions.
The acquisition of 3iQ advances Coincheck Group’s global expansion strategy, particularly in the institutional digital asset space. Integrating 3iQ brings proven innovation, deep expertise, and institutional-grade investment products and infrastructure, strengthening Coincheck Group’s ability to serve institutional and sophisticated investors, including traditional financial institutions seeking digital asset exposure.
Read the press release here: Coincheck Group Signs Agreement to Acquire 3iQ, a Global Pioneer in Digital Asset Investment Solutions
Name:
Joseph Lovell
Title:Managing Director, Head of Asset & Wealth Management
Name:
Leonard Otto
Title:Director
Name:
Mark Leprine
Title:Associate
Name:
Teresa Markiewicz
Title:Analyst
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