Japan’s Coincheck Acquires France-Regulated Aplo to Expand Global Crypto Services

Japanese crypto exchange Coincheck is expanding its global footprint with the acquisition of Aplo, a Paris-based digital asset prime brokerage regulated by France’s financial markets authority, the ￰0￱ Takeaways: Coincheck is acquiring France-regulated Aplo to expand into the European institutional crypto ￰1￱ serves over 60 institutional clients and brings deep liquidity, regulatory alignment, and award-winning ￰2￱ deal supports Coincheck’s broader push to scale globally and strengthen its B2B2C ￰3￱ deal, announced Tuesday , will see all shares of Aplo exchanged for newly issued ordinary shares of Coincheck Group N. V., with closing expected in October ￰4￱ terms were not disclosed.

Coincheck, founded in Tokyo in 2014, is one of Japan’s most recognized exchanges and is owned by Coincheck Group N. V., a Netherlands-based holding company that went public on Nasdaq last year under the ticker ￰5￱ Eyes European Growth with Strategic Aplo Acquisition The acquisition of Aplo comes as Coincheck plans expansion into the European institutional crypto market. “Aplo brings us proven technology, expertise recognized by institutional clients in Europe, and a high-performance team with an entrepreneurial culture,” said Coincheck Group CEO Gary Simanson in a statement. “By combining our strengths, we aim to better serve institutional investors and enhance our B2B2C offerings.” Founded in 2019, Aplo has established itself as a leading player in crypto prime brokerage, serving more than 60 institutional clients, including hedge funds, asset managers, and ￰6￱ firm was recently named “Prime Broker of the Year (EMEA)” at the 2025 Hedgeweek Global Digital Asset ￰7￱ platform provides algorithmic execution, deep liquidity access, and strong compliance ￰8￱ in: @coincheckjp acquires French crypto startup ￰9￱ in 2019, Aplo is a crypto broker for institutional ￰10￱ is one of Japan's largest Exchanges, employing nearly 200 people.

I met one of their representatives in Tokyo last ￰11￱ the… ￰12￱ — Raphaël Bloch (@Raph_Bloch) September 2, 2025 The deal will also support Coincheck’s broader ambitions to scale its institutional services globally and pursue synergies across liquidity, trading infrastructure, and banking ￰13￱ is currently registered as a Digital Asset Service Provider with the AMF and is seeking full licensure under the EU’s MiCA ￰14￱ four Aplo co-founders, including Oliver Yates, Arnaud Carrere, Simon Douyer, and Jacques Lolieux, will remain with the company ￰15￱ Digital Partners acted as exclusive financial advisor to Aplo, with legal counsel provided by Squair for Aplo and De Brauw and Jeantet for Coincheck ￰16￱ Public Firms Ramp Up Bitcoin Holdings Despite Market Dip Several Tokyo-listed companies are accelerating their Bitcoin treasury strategies , collectively adding over 156 BTC to their balance sheets this ￰17￱ led the move with a 103 BTC purchase worth $11.7 million, raising its total holdings to nearly 19,000 BTC and positioning it as the seventh-largest corporate holder ￰18￱ company also gained inclusion in the FTSE Japan Index, boosting investor confidence despite short-term stock ￰19￱ firms followed ￰20￱ acquired 41.5 BTC and continues exploring synergies between Bitcoin mining and its energy services, marking a pioneering step in Japan’s public ￰21￱ Holdings and Agile Media Network also added to their reserves, while Def Consulting announced the start of its own Bitcoin treasury ￰22￱ this corporate adoption wave, Japan’s regulatory clarity has been a decisive ￰23￱ Financial Services Agency (FSA) plans to formally recognize crypto assets as financial products under the Financial Instruments and Exchange Act by 2026.

Alongside, proposed tax reforms could lower crypto capital gains from rates as high as 55% to a flat 20%, making corporate adoption far more appealing.