Japan-based Monex Group is acquiring a majority stake in Canadian crypto firm 3iQ.
Monex Group Thursday, December 28 In an official statement on Monday, the Canadian crypto asset firm 3iQ Digital Holdings declared that it plans to purchase a majority stake. In the announcement, the Canadian company in the field of cryptocurrency benefit from experience and skills stating that they want Monex Grouphas once again demonstrated its interest in the cryptocurrency industry.
Monex Group CEO Yuko Seimei In his statement on the subject, he emphasized that this investment is long-term and stated that it is important to focus on this sector that is expected to grow in the future:
Our long-term strategy is to strengthen our asset management business. At this point, by adding 3iQ to our group, we aim to achieve high growth by meeting the asset management needs of the institutional investor market and cryptocurrency exchanges around the world, which are expected to grow in the future.
Monex Group, 2018 crypto exchange in Coincheck By purchasing it, he strengthened his cryptocurrency investments. Monex also US based online brokerage service firm Also owns TradeStation stands out as.
In January this year, Monex Group’s FTX FTX Japan It was suggested that he might buy the unit.