Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 127

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 4
Chunk 127
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 clicked by the user, also displays the past sales history, 
the average price recorded on the Ethereum blockchain, and other information about the NFT.  If we observe trades 
at price levels substantially different from the recent trading history within Coincheck NFT Marketplace, we may 
suspend execution pending a review by our Legal & Compliance Department. NFTs acquired by customers on the 
platform are not subject to the custody rules applicable to crypto assets under Japan’s Payment Services Act and are 
held in hot wallets by us on behalf of the customers. See “— Regulatory Environment — Non-Fungible Tokens” for 
information regarding the regulation in Japan for non-fungible tokens.
Our process for approving NFTs for listing and display on the Coincheck NFT Marketplace is conducted in 
three stages, with our Business Development Office performing the initial review, our Legal & Compliance 
Department performing the secondary review, and then the final review being performed by an internal review 
committee (which evaluates the NFT from development and business perspectives).  The review process takes into 
account the following criteria:
•whether the NFT is a non-substitutable token recorded on the blockchain, or whether the token
standard is ERC-721 or not, as we currently only support ERC-721;
•whether the listing of the NFT on the Coincheck NFT Marketplace is regulated by any applicable laws
or regulations, including a determination that the NFT is neither a crypto asset under the PSA or a form
of security, or ERTRIS, under the FIEA;

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•whether the NFT itself breaches any applicable laws and rights (including whether any work is being
used without the permission of the copyright holder);
•whether the operating company of the NFT has any particular issues (including whether it engages
with or is considered to be an anti-social force); and
•whether the operating company of the NFT is in compliance with applicable laws and regulations in
connection with the NFT.
Coincheck Periodic Purchases 
Coincheck Periodic Purchases is a cryptocurrency accumulation service we provide that allows customers 
to automatically purchase, daily or monthly, a fixed amount of nearly all of the cryptocurrencies supported by us.  
Our monthly purchase plan targets customers who prefer to make one single purchase each month, while our daily 
purchase plan targets customers who prefer to reduce timing risks related to price by, for example, choosing to 
pursue a large-amount purchase strategy by purchasing fractional amounts daily.
Coincheck Lending (