Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 168

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 168
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 after confirming that this operational framework has been established and is in working order. We conduct this internal approval process based on risk -basedjudgments. As stated above, in addition to our internal approval process, we are required to confirm with the JVCEA, pursuant to the relevant regulations of the JVCEA, that it has no objection to the introduction of a new cryptocurrency on our platforms. Please refer to the “— Regulatory Environment” section for details on the rules governing the handling of new crypto assets in the JVCEA. We also provide advance notice to the JFSA of our intention to support trading of a new crypto asset. We understand that the decision by the JVCEA is final and we are not aware of any case in which the JVCEA has overturned its decision to date. Completion of this approval process and a determination of no objection by the JVCEA is not binding on a regulatory authorities or courts in Japan in the event of a subsequent legal proceeding. Corporate Services We offer several services which are uniquely tailored to meet the needs of our corporate clients, as detailed below. Coincheck IEO We launched our IEO business in 2021, which was the first of its kind in Japan, to support the creation of an environment in which Japanese companies, blockchain companies and blockchain communities can fundraise and further develop the industry, and cryptocurrency investors can participate in promising initiatives more safely and easily. IEOs enable crypto start -upsto raise money through a cryptocurrency exchange, such as ours. Generally, these start -upsare charged fees, including a certain proportion of tokens sold on the exchange, and the tokens initially sold on the exchange can be listed on the exchange after the IEO is completed. An IEO may be more 112 secure and transparent for customers than other methods of fundraising, because exchanges such as ours perform a listing review of start -upprojects and their sponsors before allowing fundraising to begin. In our review process, we comprehensively assess the issuer based on the following criteria: •uniqueness of issuer’s business model; •financial condition and internal control of the issuer; •sustainability of issuer’s business; •evaluation of technology (including robustness and versatility); •utility of the token; and •synergy of the token with industry trends and our existing businesses. Furthermore, tokens introduced through our IEO business are also subject to substantially the same screening process by the CAESP and the JVCEA as applied to other crypto assets handled by the CAESP (See “Business — Regulatory Environment”).