Mergers & AcquisitionsMedium•1 November 2026•
1 min read
Viva Republica to Acquire Japan's Cheer Securities to Expand Toss Platform
Key Facts
1Viva Republica, operator of the Toss platform, is moving to acquire a 100% stake in Japan's Cheer Securities.
2Tokai Tokyo Financial Group will sell its entire holding of 955,000 shares to the Toss Global unit.
Viva Republica, the operator of the Toss platform, is moving to acquire a 100% stake in Japan's Cheer Securities. Seoul Economic Daily reported that Tokai Tokyo Financial Group will sell its entire holding of 955,000 shares to the Toss Global unit, which is based in Singapore.
The acquisition aims to expand the Toss financial platform's presence into the Japanese brokerage market, pending regulatory approval. Regarding market performance, CHR closed at $1.35 on October 30, 2026, after reaching a day high of $1.44 and a low of $1.32 on the same date.