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April 3, 2018
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Japanese online broker Monex is offering to buy Coincheck, the local cryptocurrency exchange hit by a high-profile $530 million theft of digital money, Nikkei Asian Review reported.

According to the report, Monex will reportedly offer several billion yen for a majority stake in the Tokyo-based exchange.

If agreement is reached, the firm will install a new management team and rebuild the cryptocurrency exchange under its own aegis.

The deal is yet to be officially announced.

In January Coincheck was hacked of NEM cryptocurrency worth $530 million in the biggest ever cryptocurrency heist in history.

According to Reuters, shares in Monex jumped 23 percent by the daily limit, to 424 yen in Tokyo.

By Siranush Ghazanchyan

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