Monex Group Inc., a Japanese financial services firm, reported a net loss of ¥9.9 billion ($67 million) in the third quarter due to one-time expenses related to its cryptocurrency subsidiary Coincheck's Nasdaq listing. Despite the loss, Monex's core businesses performed well, with strong crypto trading volumes and steady brokerage revenues. Coincheck's marketplace trading volume more than doubled in the quarter, reflecting the broader crypto market momentum. Monex's total assets under custody and management reached ¥12 trillion, and its mutual fund balance grew to ¥1.96 trillion. The company aims to achieve a 15% return on equity (ROE) while balancing growth investments with shareholder returns. Monex also declared a special year-end dividend and continues its share buyback program. Monex had previously acquired a majority stake in 3iQ Digital Holdings, a Canadian crypto asset management firm, and invested in its Managed Account Platform. The company has also partnered with NTT Docomo to introduce a new service allowing customers to purchase mutual funds using credit cards.



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