Monex group boosts stake in 3iQ digital holdings, expands crypto asset management
Monex Group Inc. announced on September 4, 2025, that it has acquired additional shares in its Canadian subsidiary, 3iQ Digital Holdings Inc., as of September 3, 2025. This follows the initial subsidiary acquisition announced on April 24, 2024.
Since becoming a subsidiary in April 2024, 3iQ Digital Holdings Inc. has attracted institutional investors and exchanges globally with innovative products. Notably, it launched North America's first Solana ETF in April 2025 and listed an XRP ETF on the Toronto Stock Exchange in June 2025. Assets under management grew 39% from CAD 1,085 million at the end of June 2024 to CAD 1,510 million by the end of June 2025.
The additional acquisition aims to further integrate growing demand for crypto asset management from global institutional investors and expand revenue, aligning with Monex Group's strategy to strengthen its asset management business. Post-acquisition, Monex Group's total ownership of 3iQ Digital Holdings Inc. shares is 12,123,976, representing 97.8% of voting rights. The acquisition involved 4,167,678 shares valued at CAD 45,844 thousand, increasing Monex's voting rights from 77.2% to 97.8%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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