Nasdaq-listed Coincheck Group has acquired Paris-based regulated prime broker Aplo SAS to expand its institutional presence in Europe. The stock-for-stock deal, expected to close by October 2025, exchanges all Aplo shares for newly issued Coincheck shares, pending regulatory approvals. Founded in 2019, Aplo offers institutional clients algorithmic execution, deep liquidity access, and is pursuing a full EU MiCA license. This acquisition marks Coincheck’s first major step beyond Japan, integrating Aplo’s infrastructure to enhance services for institutional investors. The move strengthens Coincheck’s global crypto footprint, positioning it as a competitive player in both retail and institutional European markets.