Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 135

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 135
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double signs” transactions, or if extended downtimes occur. If we or our service providers are slashed by the underlying blockchain network, our customers’ assets may be confiscated, withdrawn, or burnt by the network, resulting in losses for which we may be responsible, which could damage our brand and reputation, cause us to suffer financial losses, discourage existing and potential customers from utilizing our products and services, and adversely impact our business. Coincheck NFT Marketplace Our Coincheck NFT Marketplace, which we launched in 2021, is offered through a separate display screen to our customers. It was, when launched, the first off -chainNFT exchange platform in Japan operated by a crypto asset exchange company on which NFTs can be listed for sale and purchase. A non -fungibletoken (or NFT), unlike Bitcoin and altcoins, is a digital asset that is unique and non -interchangeable. In recent years, NFTs have been attracting attention not only as a means of exchanging items in blockchain games, but also as artwork for sale and 89 to appeal to fan communities. Our Coincheck NFT Marketplace screen lists more than 1,000 NFTs our customers can click on to initiate a transaction, including globally popular NFTs like The Sandbox, a blockchain game funded by Softbank’s Vision Fund 2, and Meebits, created by Larva Labs, the developer of CryptoPunks, one of the world’s most popular NFT projects. The box on the screen showing a particular NFT’s listing displays the price set by the seller in a selected cryptocurrency and the Japanese yen equivalent based on current market prices, as well as the Ethereum equivalent if the seller selects a payment in cryptocurrency other than Ethereum. To be a seller or buyer on our Coincheck NFT Marketplace, you must first have a customer account with us. The seller of the NFT sets the accepted payment methods, and the buyer pays the purchase price for the NFT from his or her customer account. Our sales commission for the NFT transaction, which is generally 10% of the purchase price, is deducted and retained by us, and the purchase price paid by the buyer, less our sales commission, is deposited into the seller’s customer account. The box on the screen for each listed NFT, when 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