Announcement of Subsidiary’s Release

TOKYO, May 19, 2022 – Coincheck, Inc., a subsidiary of Monex Group, Inc., issued the followingpress release today.

Attachment: Summary of Coincheck, Inc. press release
Coincheck NFT (β version) to start offering generative NFT art "Art Blocks" on May 19

[Press Release]
May 19, 2022
Coincheck, Inc.

Coincheck NFT (β version) to start offering NFT art"Art Blocks" on May 19- A campaign to mark the offering will also be held at the same time!Coincheck, Inc. (Head office: Shibuya-ku, Tokyo, President: Satoshi Hasuo, hereinafter referred to as"Coincheck") is pleased to announce that its NFT marketplace, Coincheck NFT (β version) will start offering
the generative art NFT* "Art Blocks" on May 19, 2022. In addition, a campaign to mark the launch of theproduct is also being held from today.
*The generative art NFTs harness randomness generated by the use of computer algorithms and mathematicalmethodologies to create an artwork.
Art Blocks is an NFT market-place that provides on generative art NFT that could be designed and created
only by a mix of art and blockchain technology. When a user purchases a piece of artwork, the design, thecolors, and the background of the work are randomly picked based on a specified algorithm, generating a
distinctive artwork. This unique artwork, which is created automatically, has attracted the attention of creatorsand collectors alike.
Coincheck NFT (β version) is the first NFT marketplace in Japan operated by a crypto asset exchange thatallows users to exchange NFTs and crypto assets. Starting with "Art Blocks," Coincheck plans to offer avariety of NFTs of generative art, which is gaining attention as a new type of artworks. In addition to art,
Coincheck NFT (β version) will expand its offerings to a wide range of fields, including games, sports, andfashion.

About Art Blocks
Art Blocks is an innovative digital artist project that combines creative coding and blockchain
technology to establish a new paradigm for art creation and ownership. Art Blocks is categorized into
three collections (curated, playground, and factory), and when a user purchases a piece of artwork, it israndomly generated using algorithms and mathematical methods. Therefore, Art Blocks even with thesame purchase price may have different rarity. In addition, a number of artists is joining the market
which enhance the variety of high quality artworks, attracting larger societal attention.

“Art Blocks” Official HP https://www.artblocks.io/
About “Art Blocks” https://bit.ly/3NfAOBx
About Coincheck NFT (β version)

Coincheck NFT (β version) was launched in March 2021 as the first NFT marketplace operated by acrypto asset exchange in Japan. As a service that allows users to trade NFTs more easily, safely, andsecurely with no network fees (*1), the service is currently being used by over 100,000 (*2)
customers. Coincheck NFT (β version) provides an opportunity for customers to become more familiar
with NFTs, which have the potential to become a new means of value exchange, by increasing thehandling of NFTs used in a wide range of fields, including blockchain games, art, sports, fashion, andthe metaverse. We are providing our customers with opportunities to become more familiar with NFTs,
which have the potential to become a new means of value exchange.
*1 At the time of sale or purchase.
*2 As of the end of April.