Coincheck Group to Acquire 3iQ in All-Share Deal to Accelerate Global Digital Asset Expansion

Coincheck Group ( (CNCK) ) has issued an update.

On January 8, 2026, Coincheck Group N.V. announced it had signed a stock purchase agreement with majority shareholder Monex Group to acquire approximately 97% beneficial ownership of Canadian digital asset manager 3iQ Corp. in an all‑share deal valuing 3iQ at about $111.8 million. Coincheck will issue 27.15 million new ordinary shares to Monex and plans to extend equivalent terms to 3iQ’s minority shareholders for up to an additional 810,435 shares, with closing targeted for the second quarter of 2026, subject to regulatory approvals and due diligence. The transaction marks a major step in Coincheck’s global and institutional expansion strategy, following its 2025 acquisitions of crypto prime broker Aplo SAS and staking services provider Next Finance, and is intended to create revenue synergies across ETF, ETP, hedge fund and staking offerings while spreading public company costs over a larger, more diversified digital asset investment platform.

The most recent analyst rating on (CNCK) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Coincheck Group stock, see the CNCK Stock Forecast page.

Spark’s Take on CNCK Stock

According to Spark, TipRanks’ AI Analyst, CNCK is a Neutral.

The score is driven primarily by weak financial fundamentals—loss-making operations and high leverage—despite some revenue and free-cash-flow growth. Technicals add pressure with the stock trading below all major moving averages and a negative MACD. Valuation provides limited support because the company is unprofitable and no dividend yield is available.

To see Spark’s full report on CNCK stock, click here.

More about Coincheck Group

Coincheck Group N.V. is a Nasdaq-listed holding company based in the Netherlands whose core subsidiary, Coincheck, Inc., operates one of Japan’s leading crypto asset trading platforms, consistently ranking first in crypto trading app downloads in Japan between 2019 and mid‑2025. The group is expanding its global and institutional footprint through subsidiaries including Aplo SAS, a registered crypto prime brokerage for institutional investors in Paris, and Next Finance Tech Co., Ltd., a staking platform services company serving both retail and corporate clients.

Average Trading Volume: 581,995

Technical Sentiment Signal: Sell

Current Market Cap: $380.7M

For a thorough assessment of CNCK stock, go to TipRanks’ Stock Analysis page.