Monex Group Expands Ownership in 3iQ Digital Holdings
Monex Group has significantly increased its interest in the Canadian digital asset firm 3iQ Digital Holdings, raising its ownership to 97.8% following a CAD 45.84 million acquisition through its subsidiary. This move underscores Monex’s desire to expand its institutional cryptocurrency services.
Pioneering Investment Vehicles
3iQ, which joined the Monex family in April of the previous year, has launched several pioneering investment vehicles since then, including North America’s inaugural Solana Staking ETF and an XRP ETF set to debut on the Toronto Stock Exchange in 2025.
Growth and Strategic Positioning
With assets under management reaching CAD 1.51 billion — a remarkable year-on-year growth of 39% as of June 2025 — Monex aims to utilize 3iQ to cater to the rising needs of institutional investors looking for structured crypto investment solutions. By enhancing its ownership in 3iQ, Monex is strategically positioned to capitalize on the growing market for crypto asset management among large-scale investors, such as pension funds and hedge funds, who seek reliable access to regulated digital assets.
Future Plans for Stablecoins
In addition to deepening its engagement with 3iQ, Monex is also looking into the potential launch of yen-pegged stablecoins to streamline cross-border transactions and corporate payments. Chairman Oki Matsumoto has indicated that these stablecoins would be fully backed by real assets, such as Japanese government bonds, and would be integrated with the existing client bases of both Coincheck and Monex Securities.
