Monex Group to collaborate with 3iQ

According to Cointelegraph, Monex Group, a Japan-based brokerage firm, asset manager, and crypto exchange, introduced its plan to purchase a majority stake in 3iQ Digital Holdings. Sources revealed that on December 28, 2024, Monex highlighted 3iQ’s experience listing some of the first spot Bitcoin (BTC $42,585) and Ether (ETH $2,354) exchange-traded funds in North America as part of the reason for the acquisition. Furthermore,  Frederick Pye, 3iQ chair and CEO, mentioned that the firm planned to collaborate with Coincheck as part of the acquisition, Cointelegraph concluded. The CEO of Monex said, “Our long term strategy is to strengthen our asset management business”.

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