3iQ

What 3iQ does

3iQ Corp. is a Toronto-based digital asset investment manager founded in 2014 that builds and distributes regulated investment vehicles giving institutional and accredited investors access to cryptocurrencies. The firm pioneered institutional-grade crypto investing in Canada, launching one of the world's first publicly traded spot Bitcoin funds in 2021 — years ahead of US approvals — and has since expanded into Ethereum, multi-asset crypto, actively managed strategies, and yield products based on arbitrage and staking. Its product architecture comprises three solution pillars (Digital Asset Investment Solutions, Active Investment Solutions, and Yield Solutions), with specific vehicles including the Dynamic Active Multi-Crypto ETF on Cboe Canada (in partnership with Scotiabank's Dynamic Funds, 0.25% management fee through March 2027) and a $100M market-neutral crypto hedge fund co-developed with Further that features a Bitcoin-denominated share class.

3iQ generates revenue primarily through recurring management fees on its ETF and fund suite, charging assets-under-management based pricing on regulated vehicles distributed via stock-exchange listings (Cboe Canada), bank distribution (Scotiabank Dynamic Funds), and direct institutional relationships. Pricing is subscription/recurring in nature, with disclosed management fees starting at 0.25% for the flagship multi-crypto ETF and higher unpublished fees on other products. Its customer base is concentrated in financial-services institutions — including forward-thinking institutional investors, the Big Five Canadian bank's distribution arm, and co-development partners — supported by a small team of 11-50 employees operating from 161 Bay Street in Toronto's financial district.

In February 2026, Coincheck Group N.V. (a Nasdaq-listed Japanese cryptocurrency exchange) completed the acquisition of approximately 99.8% beneficial ownership of 3iQ for roughly $111.84M, transforming the firm into a wholly-owned subsidiary within Coincheck Group's broader digital asset platform that also includes Aplo SAS and Next Finance Tech. Under Coincheck's three-phase roadmap (anchored by KDDI's 14.9% strategic stake), 3iQ is positioned as the North American institutional arm of a unified global retail/institutional digital asset platform, with leadership continuity including Chairman & CEO Fred Pye and President Tommaso Mancuso (appointed May 2026).

Name

3iQ

Legal name

3iQ Corp.

Website

https://3iq.ca

Company type

Private

Founded year

2014

Operating status

Acquired

Headcount range

11–50 employees

Short description

3iQ is a Toronto-based digital asset investment manager (founded 2014) that builds regulated crypto ETFs and funds — including spot Bitcoin, Ethereum, multi-crypto, and yield strategies — for institutional and accredited investors, distributed via Cboe Canada and Scotiabank's Dynamic Funds, now operating as a subsidiary of Coincheck Group following its February 2026 acquisition.

Ownership category

akta.pro rank

Product category

Digital Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199), Investment Advice (6282)

akta.pro primary industry

Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA)

akta.pro secondary industry

Retail Crypto Brokerages (Simple Buy/Sell) (FSADAAAB)

Keywords

• Digital asset management
• Crypto investment funds
• Institutional bitcoin funds
• Alternative asset management
• Cryptocurrency ETF products

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Fund Management Fees: 3iQ generates revenue through management fees charged on its suite of regulated ETFs and digital asset funds. The firm offers products including spot Bitcoin funds (launched 2021 as one of world's first publicly traded spot Bitcoin funds), Ethereum funds, multi-crypto ETFs, and actively managed digital asset strategies.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

3iQ is a Canadian digital asset investment manager that builds, manages, and distributes regulated investment funds and ETFs providing institutional-grade exposure to cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP. Its product suite includes spot Bitcoin funds, multi-crypto ETFs, actively managed strategies, and yield strategies (arbitrage and staking), distributed through Cboe Canada listings and bank-channel partnerships.

Product overview

3iQ is a digital asset investment firm that operates as a platform-plus-products architecture. The company offers three core investment solution categories: Digital Asset Investment Solutions (providing regulated access to Bitcoin, Ethereum, and other digital assets), Active Investment Solutions (actively managed strategies), and Yield Solutions (institutional-grade yields through arbitrage and staking). The product portfolio includes specific fund products such as the Dynamic Active Multi-Crypto ETF (launched with Scotiabank's Dynamic Funds), the Bitcoin-Denominated Crypto Fund (in partnership with Further), and 3iQ's original spot Bitcoin fund launched in 2021. The company also offers Partnership Solutions for institutions seeking customized digital asset investment approaches. 3iQ was acquired by Coincheck Group in February 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital Asset Investment Solutions Suite of regulated investment products providing institutional-grade exposure to Bitcoin, Ethereum, and other digital assets, designed for institutional and qualified investors seeking compliant crypto allocation.
• Active Investment Solutions Actively managed digital asset strategies designed for institutional clients, using diverse approaches to capture returns and manage risk in the crypto markets.
• Yield Solutions Yield-generating strategies that produce institutional-grade returns through arbitrage and staking of digital assets, structured within a regulated framework for institutional clients.
• Dynamic Active Multi-Crypto ETF Active multi-crypto ETF listed on Cboe Canada providing exposure to Bitcoin, Ether, Solana, and XRP, co-developed with Scotiabank's Dynamic Funds and targeted at institutional and accredited investors.
• 3iQ Spot Bitcoin Fund Publicly traded spot Bitcoin fund providing institutional-grade, regulated exposure to Bitcoin for institutional and accredited investors.
• Further & 3iQ Bitcoin-Denominated Crypto Fund $100 million market-neutral crypto hedge fund with a Bitcoin-denominated share class that reinvests gains into BTC, targeting institutional investors seeking market-neutral digital asset exposure.

Quantifiable outcome

• First publicly traded spot Bitcoin fund launched in 2021, years before US SEC approvals
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered major, core and flagship.

• ScotiabankmajorChannel Partner/ Reseller/ Distributor · 7 March 2026Scotiabank launched a multi-crypto ETF in partnership with 3iQ, offering exposure to Bitcoin, Ethereum, Solana, and XRP with a 0.25% management fee. This represents a notable step in institutional crypto adoption by a major Canadian bank.
• Scotiabank (Dynamic Funds)coreGTM or Marketing Partner · 4 March 2026Scotiabank's asset management arm Dynamic Funds partnered with 3iQ to launch the Dynamic Active Multi-Crypto ETF on Cboe Canada, offering exposure to Bitcoin, Ether, Solana, and XRP. The ETF features a reduced management fee of 0.25% until March 2027. This represents a significant involvement of a Big Five Canadian bank in a live crypto product.
• KDDI CorporationflagshipStrategic or Co-development Partner · 12 February 2026Coincheck Group announced a strategic partnership with KDDI Corporation, which is taking a 14.9% equity stake in Coincheck Group. CEO Pascal St-Jean outlined a three-phase strategic roadmap focused on building a unified platform serving both retail and institutional clients in Japan while expanding globally, with ongoing integration of acquired businesses including 3iQ.
• FurthercoreStrategic or Co-development Partner · 3 December 2025Further and 3iQ launched a $100 million market-neutral crypto hedge fund targeting institutional investors, including a Bitcoin-denominated share class that reinvests gains into BTC. This partnership combines Further's fund management expertise with 3iQ's digital asset platform and institutional client relationships.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Purpose Investments: Canadian investment manager that launched one of the world's first Bitcoin ETFs in early 2021, directly competing with 3iQ in regulated Canadian crypto fund products for retail and institutional investors.
• CoinShares: European-listed crypto asset manager offering ETPs and actively managed digital asset strategies to institutional and professional investors, comparable to 3iQ's regulated fund-and-active-strategy architecture.
• 21Shares: Issuer of crypto exchange-traded products across Europe and select global markets, competing with 3iQ in the regulated crypto ETP/ETF category with institutional-grade products.
• Bitwise Asset Management: US-focused crypto asset manager offering spot crypto ETFs and institutional separately managed accounts, competing for the same institutional wallet as 3iQ.
• Grayscale Investments: Largest dedicated crypto asset manager offering spot and trusts-based crypto investment products; a direct global peer to 3iQ in the institutional digital asset management category.
• Valkyrie Funds: Crypto-focused asset manager offering spot Bitcoin ETF and digital asset strategies, directly competing with 3iQ for institutional allocation to regulated crypto products.
• Hashdex: Issuer of crypto index and single-asset ETFs (including US spot Bitcoin ETF), comparable to 3iQ as a regulated crypto fund manager with institutional distribution.
• Evolve Funds Group: Canadian ETF issuer with a suite of crypto and digital asset ETFs listed on Cboe Canada and Toronto Stock Exchange, overlapping with 3iQ's product lineup and distribution channels.

Broad incumbents

• Fidelity Digital Assets: Custody, trading, and investment products arm of Fidelity focused on digital assets; competes with 3iQ in institutional crypto exposure but as part of a much larger diversified financial services franchise.
• WisdomTree: Established global ETP/ETF issuer that has expanded into crypto and digital asset products; overlaps with 3iQ's institutional digital asset offering but operates across a much broader asset class portfolio.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/3iq_corp
• LinkedInlinkedin.com/company/3iq-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 3iQ