Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 160

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 160
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 December 31, 2024: Source:Internal data. Our user-friendly platform and product offerings. One of our key strengths is our ability to provide not only an intuitive and simple platform for first -timeusers who may be inexperienced in crypto asset trading, but also offer robust features for more experienced users through a web browser platform. As of December 31, 2024, our easy -to -usesmartphone trading application was being used by over 90% of our customers, and we believe the proportion of customers taking advantage of the smartphone application will remain at a high level. This application was built with a focus on the user experience and targets digital/mobile -nativecustomers that have very little experience in using a trading service. We designed our mobile application and web browser offerings independently, as they each provide very different functionalities. This helps ensure a variety of options for different kinds of customers. 106 The below image is an example of the interfaces of our two platforms: As of December 31, 2024, our Marketplace and Exchange platforms together currently support trading of 31 cryptocurrencies, an increase from 28 different types of cryptocurrencies as of September30, 2024, and we are continually seeking to expand our offerings to better meet the needs of our retail customer base. We have a fast-growing product portfolio which is underpinned by robust technology. Our Marketplace platform is built on industry -leadingtechnology that prioritizes security, compliance and monitoring, as well as scalability and customer experience. We believe our Marketplace platform will continue to drive our growth and revenue. We also continue to introduce new products, providing entry points for new users as well as innovative ways to engage our existing customer base and facilitate growth, such as our NFT and IEO businesses. Our Coincheck NFT Marketplace leverages our infrastructure while also presenting us with the opportunity to cross -sellto and from our core offering. In compliance with guidelines developed by the JVCEA, we conducted the first approved IEO in Japan, which 63,853users applied to and was oversubscribed by 24 times. Trusted brand. We believe that we have a strong brand that is trusted by users, and that a strong trusted brand is critical in acquiring customers who are first -timecrypto users and is a long -termadvantage in our strategy to bring crypto assets to traditional financial institutions. Following our acquisition by Monex Group in April 2018, we strengthened our cybersecurity and governance and invested in the stability of our Marketplace and Exchange platforms. We have also played a