The Coincheck NV Group (Nasdaq: CNCK), the Cryptographic arm of Japan’s Monex Group, and the operator of one of Japan’s leading cryptographic exchanges, announced that it had an agreement on the acquisition of ADPLO SAS of France. According to the agreement, all of Applo shares issued and pending shares must be exchanged for recently issued ordinary Coincheck Group shares. The closure of the transaction, without prejudice to certain businesses and conditions, is expected in October 2025.
Coincheck said this acquisition represents the first step of an important element of Coincheck Group’s reported mission – to make acquisitions for retail and institutional encryption companies outside Japan, including Europe. As part of its business strategy, the Coincheck Group said it is actively investigating the possible opportunities for acquiring acquisitions and strategic investment both inside and outside Japan to add complementary companies or specialized knowledge, expertise, products, services, licenses or technologies
Aplo Founders
Founded in 2019 in Paris by Oliver Yates, Arnaud Carrere, Simon Douyer and Jacques Lolieux, Applo has created an innovative, privately owned institutional commercial request and supporting the infrastructure, combining algorithmic execution, integrated access to deep fluidity and a strong regulatory. Applo is currently registered as a provider of digital assets with the French financial market (AMF) and is in the process of obtaining a full encryption license process in the context of the European Union market in regulating encryption assets (MICA).
APLO has increased rapidly and today serves more than 60 active institutional customers, including mutual risk capital, asset managers, banks and large companies. All four founders must continue with Aplo after closing.
Together, companies will seek to accelerate Aplo’s march map and existing solutions, such as:
- Financing solutions, such as junction and deferred settlement to enhance customer capital performance.
- Expanding liquidity access and product offers to multiple jurisdictions and new institutional partners;
- Driving innovation in the infrastructure of Digital Assets Commercial Transactions to meet the increasing needs of global markets. and
- Providing a B2B2C offer to banks interested in using Aplo’s execution platform to serve their customers.
Companies will also investigate as possible synergy if APLO can provide significant additional liquidity to some of Coincheck’s Altcoin offers to its customers.
Gary Simanson, Managing Director of the Coincheck Group, said,
“Applo brings us proven technology, expertise recognized by institutional customers in Europe and a high performance team with business culture, combining our strengths. We believe we will be better positioned to meet the needs of institutional cryptographic investors, Investments to their customers ”.
Oliver Yates, CEO of Aplo, said,
“Coincheck Group’s participation is a huge opportunity to speed up our mission. We built Aplo to provide institutional investors the platform service we needed to browse the markets that are open 24/7 every day of the year.
Galaxy Digital Partners LLC served as APLO’s sole financial adviser. Squair served as Aplo’s consultant. De Brauw and Jeantet served as Coincheck Group Advisor.
About Coincheck Group NV
Coincheck Group NV is a Nasdaq -based portfolio company based in the Netherlands. Its basic subsidiary, Coincheck, Inc., takes advantage of one of Japan’s top assets trading platforms. Coincheck has ranked No.1 at the Crypto Trading App Downloads in Japan for six consecutive years (2019-2024).
Through advanced technology and strong security infrastructure, Coincheck aims to promote an ecosystem where new forms of exchange of value – activated by encryption assets and blockchain – can bloom.
About aplo
Founded in 2019 in Paris by Oliver Yates, Simon Douyer, Arnaud Carrere and Jacques Lolieux, Aplo is a French Digital Asset Services Provider (DASP) registered with AMF. The company provides institutional investors with a safe, unified access and liquidity platform, allowing large -scale encryption to be performed. Since the boarding of its first client in 2021, APLO has been established as a reliable partner for mutual risk funds, asset administrators, banks and businesses.