Monex Group said Thursday that it has increased its stake in Canadian crypto asset manager 3iQ Digital Holdings.
Monex Group Boosts Stake in Canadian Crypto Asset Manager 3iQ
The Tokyo-based brokerage acquired an additional 4.17 million shares in 3iQ on Sept. 3 through a wholly owned subsidiary.
The transaction was valued at C$45.8 million. Following the purchase, Monex now holds 12.12 million shares, representing 97.8 percent of voting rights, up from 77.2 percent before the acquisition.
Monex first made 3iQ a subsidiary in April 2024. Since then, 3iQ has expanded its product line and assets under management.
The firm listed the first staking Solana exchange-traded fund in North America in April 2025, followed by an XRP ETF on the Toronto Stock Exchange in June. Assets under management rose 39 percent year-on-year to C$1.51 billion at the end of June 2025.
Monex said the deal reinforces its focus on digital asset management as a growth driver. The company expects institutional demand for crypto investment products to increase globally, providing further revenue opportunities.
“The Company aims to strengthen its asset management business, and through 3iQ, it anticipates to achieve higher revenue growth by capturing the crypto asset management needs of institutional investors around the world, which are expected to grow in the future,” Monex said.
