Business
Coincheck Group N.V. Signs Agreement to Acquire Aplo SAS, a Registered Crypto Prime Brokerage for Institutional Investors
AMSTERDAM & PARIS--(BUSINESS WIRE)-- Coincheck Group N.V. (Nasdaq: CNCK, “Coincheck Group”), the holding company of Coincheck, Inc. (“Coincheck”), one of
About this update from Coincheck Group N.v.
[{"type":"text","content":" AMSTERDAM & PARIS--(BUSINESS WIRE)--\nCoincheck Group N.V. (Nasdaq: CNCK, “Coincheck Group”), the holding company of Coincheck, Inc. (“Coincheck”), one of Japan’s leading crypto asset exchanges, today announced that it has entered into a stock purchase agreement to acquire Aplo SAS (“Aplo”), a digital asset prime brokerage for institutional crypto investors. Pursuant to the agreement, all issued and outstanding shares of Aplo are to be exchanged for newly issued ordinary shares of Coincheck Group. Closing of the transaction, subject to certain undertakings and conditions, is expected in October 2025.\n\n\nThis acquisition represents the first step of an important component of Coincheck Group’s stated mission—to make acquisitions for retail and institutional crypto businesses outside of Japan, including in Europe. As part of its business strategy, Coincheck Group is actively exploring potential opportunities to make acquisitions and strategic investments both inside and outside of Japan to add complementary companies or specialized knowledge, expertise, products, services, licenses, or technologies that could complement or enhance its business.\n\n\nFounded in 2019 in Paris by Oliver Yates, Arnaud Carrere, Simon Douyer, and Jacques Lolieux, Aplo has built an innovative, proprietary institutional trading application and supporting infrastructure, combining algorithmic execution, unified access to deep liquidity, and a strong regulatory foundation. Aplo is currently registered as a Digital Asset Service Provider with the French Authority for the Financial Markets (AMF), and is in the process of obtaining a full crypto asset service provider license under the European Union’s Market in Crypto Assets Regulation (MiCA).\n\n\nAplo has grown rapidly and today serves more than 60 active institutional clients, including hedge funds, asset managers, banks and large corporates. Aplo was named “Prime Broker of the Year (EMEA)” at the 2025 Hedgeweek Global Digital Asset Awards. All four founders are to continue with Aplo after the closing.\n\n\nTogether, the companies will look to accelerate Aplo’s product roadmap and scale existing solutions, including:\n\n\n\nFinancing solutions, such as cross-margining and deferred settlement to enhance clients’ capital efficiency;\n\n\n\nExpanding liquidity access and product offerings across multiple ju...