Coincheck Group N.V.

Coincheck Group N.V. operates a digital finance platform, initially a leader in the Japanese retail crypto asset industry. The company is expanding into institutional services and digital asset infrastructure across multiple markets, with an initial focus on Japan, the world's fourth largest economy. This expansion builds on its leadership in Japan as a retail crypto asset exchange provider, its experience in digital asset investment solutions, its prime brokerage technology for institutional traders, and its staking and related technologies. Coincheck Group N.V. aims to increase its share of the Japanese crypto asset market both organically through its Marketplace platform and through non-retail channels, including strategic partnerships and distribution arrangements with large and medium-sized Japanese firms. The company's strategy is shifting towards a non-retail business focus for growth. Non-retail activities include crypto asset management services (such as managing hedge funds and listed exchange-traded funds, and sub-advisory services to financial firms), white-label or co-branded offerings (referred to as CaaS or B2B2C relationships) for third-party firms needing crypto-asset trade execution, settlement, and/or custody, direct crypto asset execution, settlement, and/or custody services to firms or institutions as end users, and fee-generating activities like staking and crypto asset lending. Project and service offerings may include trade execution and settlement, custody, staking, and asset management.