Company: CNCKW
Filing Date: 2025-01-28
Form Type: F-1
Source: 0001213900-25-007203
Chunk: 9

Company: Coincheck Group N.V.
Filing Date: 2025-01-28
Form: F-1
Chunk 9
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 as of September 30, 2024, providing the opportunity for our business to grow alongside our customers as they reach their prime earning years. We believe that this, combined with our constant innovation and robust KYC/AML and compliance infrastructure, positions us to capitalize on the potential growth of the Japanese crypto economy. We derive most of our total revenue from trading on our Marketplace platform business. We support trading in 30 different types of cryptocurrencies across all our Marketplace and Exchange platforms as of September 30, 2024, unchanged from June30, 2024. We also continue to be an innovator in the Japanese crypto economy to ensure that Japanese customers and institutions have broad access to the latest technological developments. We conducted Japan’s first IEO during 2021 and have launched a marketplace for NFTs, which we expect to have synergies with our other businesses. Our smartphone application is our main point of contact with our customers, and we believe it provides a user friendly experience with sophisticated UI/UX. To maintain the quality of customer experience we offer, we continuously invest in flexible system and software development, and engineers accounted for 38.5% of our staff as of September 30, 2024. We believe our combination with Thunder Bridge Capital Partners IV, Inc. (“Thunder Bridge”) will enable us to access international capital markets, which will help us to finance accelerated growth through increased customer acquisition, additional innovation in crypto asset solutions, and increased opportunities for customers and institutions to more deeply access the crypto economy. Under the Coincheck Group holding company structure, we will have the ability to establish independent subsidiaries focused on crypto asset -adjacentbusiness opportunities. We will also have the ability to enhance hiring and retention via equity compensation incentives to further support our competitiveness in our target markets. We have identified several growth opportunities that may be pursued organically or accelerated through M&A or partnerships, including: •continuing to grow our customer base and revenue to retain our leading market position, to build on our first -of - its-kindIEO launch and to expand supported crypto asset coverage; •accelerating our development of NFT platforms in Japan, including by partnering with content creators and gaming companies; •building new Web3 services supporting the Coincheck crypto asset ecosystem both organically and through mergers and acquisitions; 1 •capturing nascent and growing institutional interest, capitalizing on our trusted brand name within Japan and in the overall global crypto economy; •continuing to explore new financial service businesses that would appeal to our young customer base