Monex Officially Takes Over Crypto Exchange Coincheck: Nikkei

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Monex Officially Takes Over Crypto Exchange Coincheck: Nikkei

Postby kreslik.news » Wed Apr 04, 2018 10:36 am


Japanese financial services company Monex Group, which operates retail brokerages TradeStation, Monex Inc and Boom Hong Kong has committed to a major M&A deal. The company will take over ailing Japanese crypto exchange Coincheck.

The report comes from Japanese newswire Nikkei amid increasing speculation in recent days that a deal is in the cards. The brokerage firm which has been active across multiple asset classes is diversifying its portfolio at a critical time for the cryptocurrency industry.

Capital Increase

The price of the bid for Coincheck has not been officially disclosed yet, but according to a Nikkei report, the ... (read more)

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