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Monex Group ( (JP:8698) ) has provided an update.
Monex Group has increased its stake in 3iQ Digital Holdings Inc., a Canadian crypto asset management firm, by acquiring additional shares, raising its ownership to 97.8%. This strategic move aims to enhance Monex’s asset management business and capitalize on the growing demand for crypto asset management among institutional investors globally.
The most recent analyst rating on (JP:8698) stock is a Hold with a Yen879.00 price target. To see the full list of analyst forecasts on Monex Group stock, see the JP:8698 Stock Forecast page.
More about Monex Group
Monex Group, Inc. operates in the financial services industry, focusing on asset management and investment services. The company is expanding its presence in the crypto asset management sector through its subsidiary, 3iQ Digital Holdings Inc., which offers innovative products like ETFs for digital currencies.
Average Trading Volume: 3,736,638
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen217.1B
See more data about 8698 stock on TipRanks’ Stock Analysis page.