Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 149

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 149
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 externally, we also screen any such request against our “blacklist,” which includes wallet addresses that are subject to OFAC sanctions, as well as others that we determine inappropriate based on information from users, law enforcement and/or our Chainalysis service, and will not make the requested transfer in the event of a match. For a customer request for the remittal of funds in Japanese yen, such a transfer can only be made to the customer’s bank account in Japan registered by the customer in connection with its account with us, and transfers are not made to third parties. Customer Acquisition and Marketing We engage in advertising and promotion with the goal of raising awareness of Coincheck and our services and to grow our customer base. We utilize primarily digital marketing, both broad -basedadvertisements on platforms, such as Facebook and YouTube, and more targeted advertisements on search platforms as well as affiliated programs. In the two -yearperiod ended March 31, 2022, we also used mass media campaigns such as television advertisements to raise our brand profile. During the fiscal years ended March 31, 2023 and 2024, we suspended such mass media campaigns as a cost saving measure, then in May 2024, as market conditions improved, resumed advertising on television, which we believe contributed, in part, to an increase in mobile app downloads for the Marketplace platform and otherwise contributed positively to our results during the year ended March 31, 2025. Data Collection Practices We collect and analyze user data in compliance with relevant Japanese laws including the Act on the Protection of Personal Information and other applicable laws and regulations. We initially obtain personal information of our customers in order to complete the KYC procedures described above. Once a customer opens an account, we monitor all access by our customers via either our smartphone application or our website and obtain data relevant to the transactions, including the outstanding balance of assets and transaction history. We utilize commercially available services from companies such as TreasureData, Inc. to analyze user data that we obtain from our smartphone application or website. We utilize services and tools of TreasureData, Inc. to analyze the number of active users, rate of users that deposited cash in their accounts and users that have purchased cryptocurrencies. Competition We operate in a highly regulated and competitive market in Japan. Markets relating to crypto assets have been growing quickly and we expect the competitive landscape to continue to rapidly evolve. As of March 31, 2025, there were 28 crypto asset exchange service providers registered with the JFSA in Japan. Our competitors include independent providers