Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 71

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 3
Chunk 71
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s for Coincheck represent trading on our Marketplace platform, amounts for Japan are

derived from JVCEA data that include all types of exchanges, and amounts for Coinbase are taken from its public

disclosure.

We have a young, highly-engaged customer base.

We believe a key long-term advantage of our business is our young customer base, with approximately

51% of verified accounts held by customers under 40 as of March 31, 2025. Our platform strongly aligns with our

user base and with products and services that cater to a young demographic. As our users mature and grow their

financial assets over time, we expect them to likewise grow their crypto assets with us. We also expect to deepen our

relationships with our customers as we continue to innovate and launch more services to provide for their changing

needs. Our customers in their 40s and 50s (approximately 42% of our user base) present a significant growth

opportunity as well because they typically have greater assets than our younger users (see “ Users by age” graph

below).

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Source: Internal data.

We have user-friendly platforms and product offerings.

One of our key strengths is our ability to provide not only an intuitive and simple, easy-to-use platform for

first-time users who may be inexperienced in crypto asset trading, but also offer robust features for more

experienced users through our web browser platform. As of March 31, 2025, our smartphone trading application was

being used by over 90% of our customers, and we believe the proportion of customers taking advantage of our

smartphone application will remain at a high level. This application was built with a focus on the user experience

and targets digital/mobile-native customers that have less experience 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.

Below are images of our mobile application and our desktop web browser screens:

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As of March 31, 2025 and the date of this report, our Marketplace and Exchange platforms together

currently support trading of 31 cryptocurrencies. Our Marketplace platform supports 30 cryptocurrencies, and our

Exchange platform supports 19 of the cryptocurrencies offered on our Marketplace platform plus one that is not

available on the Marketplace platform (MakerDAO’s DAI stablecoin). We continually seek to expand our platform

offerings to better meet the needs of our customer base.

We have a trusted brand