Coincheck Group to acquire Aplo
02 September 2025 France, Netherlands, Japan
Image: thenort/stock.adobe.com
Coincheck Group has signed a stock purchase agreement to purchase Aplo, a digital asset prime brokerage for institutional crypto investors.
Aplo was founded in 2019 in Paris by Oliver Yates, Arnaud Carrere, Simon Douyer and Jacques Lolieux.
The brokerage has established a proprietary institutional trading application and supporting infrastructure, combining algorithmic execution, unified access to deep liquidity and strong regulatory foundation.
It serves more than 60 institutional clients, including hedge funds, asset managers, banks and large corporations.
Under the agreement, all issued and remaining shares of Aplo are to be traded for newly issued ordinary shares of Coincheck Group.
The transaction is anticipated to be closed by October 2025.
The acquisition is a first move towards Coincheck Group’s goal of acquiring retail and institutional crypto businesses outside of Japan, including in Europe, the firm says.
The company is seeking out opportunities to make strategic investments and acquisitions internationally, including in Japan, to add complementary companies or specialised knowledge, products, services, licences, or technologies to its business.
Gart Simanson, CEO of Coincheck Group, comments: “Aplo brings us proven technology, expertise recognised by institutional clients in Europe, and a high performance team with an entrepreneurial culture.
“By combining our strengths, we believe we will be better positioned to meet the needs of institutional crypto investors, which includes plans to provide a valuable B2B2C offering to banks looking to make crypto investing available to their customers.”
Oliver Yates, CEO of Aplo, adds: “Joining Coincheck Group is a tremendous opportunity to accelerate our mission. We built Aplo to provide institutional investors with the platform service they needed to navigate markets that are open 24/7 every day of the year.
“By combining our technology and operational expertise with the financial strength and strategic vision of Coincheck Group and its seasoned management, we can together set new standards of transparency, security and efficiency in this market.”
Aplo was founded in 2019 in Paris by Oliver Yates, Arnaud Carrere, Simon Douyer and Jacques Lolieux.
The brokerage has established a proprietary institutional trading application and supporting infrastructure, combining algorithmic execution, unified access to deep liquidity and strong regulatory foundation.
It serves more than 60 institutional clients, including hedge funds, asset managers, banks and large corporations.
Under the agreement, all issued and remaining shares of Aplo are to be traded for newly issued ordinary shares of Coincheck Group.
The transaction is anticipated to be closed by October 2025.
The acquisition is a first move towards Coincheck Group’s goal of acquiring retail and institutional crypto businesses outside of Japan, including in Europe, the firm says.
The company is seeking out opportunities to make strategic investments and acquisitions internationally, including in Japan, to add complementary companies or specialised knowledge, products, services, licences, or technologies to its business.
Gart Simanson, CEO of Coincheck Group, comments: “Aplo brings us proven technology, expertise recognised by institutional clients in Europe, and a high performance team with an entrepreneurial culture.
“By combining our strengths, we believe we will be better positioned to meet the needs of institutional crypto investors, which includes plans to provide a valuable B2B2C offering to banks looking to make crypto investing available to their customers.”
Oliver Yates, CEO of Aplo, adds: “Joining Coincheck Group is a tremendous opportunity to accelerate our mission. We built Aplo to provide institutional investors with the platform service they needed to navigate markets that are open 24/7 every day of the year.
“By combining our technology and operational expertise with the financial strength and strategic vision of Coincheck Group and its seasoned management, we can together set new standards of transparency, security and efficiency in this market.”
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