Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 165

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 165
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 has been identified; •the marketing materials do not include contents that are misleading; •the asset does not breach public policy (for example, whether the asset is similar to gambling); •the asset is compatible with cold wallets; •the transactions are traceable and do not remain confidential or anonymous from an AML and CFT perspective; •the asset meets the “sufficient liquidity” requirement for the relevant crypto asset in our exchange service or is with two or more cover counterparties in principle; •the asset is neither being used nor likely to be used in a manner that violates laws and regulations or public order and morals; •the asset is neither being used nor likely to be used in crimes, including money laundering and financing of terrorism; •the asset has no significant concerns or obstacles as to its transferability and traceability to record and update possessions; •the asset can properly be audited by an auditor;

111 •the asset can be screened before transfer using a blockchain analysis tool; •the asset can be safely stored and transferred in the system or otherwise without difficulties; •the asset can properly and reliably fulfill obligations under the PSA; and •the transfer record of the asset can be traced without any difficulties. We further evaluate the following risks to confirm that the asset has no exposure to any of them: •market risk: the risk of significant price decline due to oversupply and other factors; •credit risk: the risk that operation of the project may fail and the asset may substantively extinguish; •liquidity risk: the risk that holders are unable to transfer or redeem the asset due to low liquidity; and •other risks that are general to crypto assets or unique to certain assets, including hacking risk, risk of losing the asset due to falsification of records and reputation risk to us. In addition, we also evaluate such cryptocurrencies from a commercial point of view by comprehensively considering a variety of factors including the industry trends, market penetration of such cryptocurrencies (determined based on factors including market capitalization and trading volume) and status of the JVCEA evaluation. Our Accounting & Listing Department reviews, verifies and revises the above evaluation criteria periodically or on an as -neededbasis. Our internal process for the approval of such cryptocurrencies for trading is as follows: first, our Accounting & Listing Department and other key project members conduct an initial evaluation based on the above criteria; second, our Legal & Compliance Department conducts an additional review to determine whether it is appropriate that we handle such cryptocurrency; third, based on the results of this review, our Accounting