monex

According to Jinshi News, Nick Rees, the head of macro research at Monex, stated in a report that the January U.S. employment data performed strongly, eliminating market bets on a rate cut by the Federal Reserve in March. However, Monex still expects the Federal Reserve to resume rate cuts in June. Rees pointed out that the market is digesting this robust employment data, and expectations for rate cuts are naturally decreasing.

ChainCatcher news, according to an announcement from BeInCrypto and the Monex Group, Japan's Coincheck parent company Monex has acquired an additional 20.6% stake in Canadian crypto asset manager 3iQ Digital Holdings, with a transaction price of 45.84 million Canadian dollars (approximately 31 million USD), raising its voting rights proportion to about 97.8%.It is reported that 3iQ's assets under management have increased by 39% year-on-year to 1.51 billion Canadian dollars in the past year, and it has launched Solana staking ETF and XRP ETF on the Toronto Stock Exchange this year.

ChainCatcher news, Tokyo-listed financial services company Monex Group announced that it is considering launching a yen-pegged stablecoin.According to Monex Group, the proposed yen-pegged stablecoin will be backed by assets such as Japanese government bonds and can be exchanged for yen at a 1:1 ratio. Its potential applications include cross-border remittances and corporate settlements. Monex Group owns the Japanese cryptocurrency exchange Coincheck and operates a domestic brokerage business. The group plans to leverage these two business segments to advance the stablecoin project.

ChainCatcher news, according to Jinshi reports, Monex Chairman Matsumoto stated that the company is considering acquiring a European cryptocurrency company, and an announcement is expected to be made "within a few days."

According to ChainCatcher news, as reported by Coindesk, Japanese brokerage and cryptocurrency exchange operator Monex Group announced on December 11 that its merged subsidiary Coincheck Group N.V. has been listed on the NASDAQ in the United States. Trading will begin on the 11th at Eastern Time, with the stock code "CNCK".Coincheck Group (CCG) will become the holding company of Japan's major cryptocurrency asset company Coincheck. After the listing, Monex Group will hold approximately 80% of CCG's shares, with CCG's market value estimated at around $1.6 billion (approximately 240 billion yen).

ChainCatcher News: Japanese financial services provider Monex Group has completed the acquisition of a majority stake in Canadian crypto asset company 3iQ Digital Holdings to expand its crypto business.It is reported that 3iQ previously launched North America's first regulated Bitcoin and Ethereum exchange-traded fund and the first Ethereum ETF with staking capabilities on the Toronto Stock Exchange. Monex Group expects to meet the demand for crypto asset management from global institutional investors and exchanges through the acquisition of 3iQ.

ChainCatcher news, Dai Matsumoto, CEO of Japan's Monex Group, expressed interest in acquiring FTX Japan in an interview with Bloomberg, but declined to comment on the bid.It is reported that FTX filed for approval to sell its Japanese subsidiary FTX Japan through an auction in December 2022. Initial bids will close on February 1, and the auction will take place on March 21. Court documents show that about 41 companies have expressed interest in bidding for FTX Japan, with 25 having signed non-disclosure agreements. (Bloomberg)