๐ Coincheck Expands into Europe with Aplo Acquisition
๐ Whatโs Happening: Nasdaq-listed Coincheck (CNCK) is acquiring Franceโs AMF-regulated prime broker Aplo SAS in an all-stock deal, expected to close by October 2025.
๐ Analysis:
Grants Coincheck a MiCA-compliant gateway into the European Union with passporting rights.
Strengthens institutional services with cross-margining, deferred settlement, and B2B2C offerings.
Positions Coincheck as a global institutional player, moving beyond its Japan-heavy market base.
๐ฌ Expert Take: Analysts see this as a strategic leap, combining regulatory credibility with institutional infrastructure to capture Europeโs growing crypto demand.