Coincheck Group shares surge 22.93% premarket after announcing agreement to acquire 3iQ, a leading digital asset investment manager.

Coincheck Group surged 22.93% in premarket trading following the announcement of a definitive agreement to acquire 97% of 3iQ Corp., a leading Canadian digital asset investment manager, through a stock exchange valued at $111.8 million. The transaction, expected to close in Q2 2026, positions Coincheck to expand its institutional offerings by integrating 3iQ’s innovative products, including staking ETFs and managed account platforms. The acquisition aligns with Coincheck’s global expansion strategy, building on recent purchases of Aplo SAS and Next Finance, and is projected to create revenue synergies across institutional services. CEO Gary Simanson highlighted the strategic value of 3iQ’s expertise in enhancing Coincheck’s institutional capabilities and diversifying its revenue base, directly supporting the stock’s sharp premarket rise.