Finance Magnates· Tanya Chepkova·· 3 hours agoAI score37
Coincheck to end Aplo’s brokerage business and integrate its technology into 3iQ
Coincheck Scraps Aplo Brokerage in $18.8M Reversal, Folding Tech into 3iQ
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Coincheck will shut down French institutional crypto broker Aplo, record an impairment of $18.8 million, and integrate its intellectual property and trading infrastructure into 3iQ. Aplo will switch to withdrawals-only mode no later than January 27, 2027, and customer service will end on February 12; customers can convert their assets to USDC, EURC, or fiat currency before withdrawing. 3iQ plans to launch crypto asset management accounts for institutional and high-net-worth investors in the first half of 2027.
Source:Finance Magnates · financemagnates.com