Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 349

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 349
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 of sales service           |     |                  |   6 |     |      |    10 |     |   |  16 |     |   |    34 |
|                                |     | Monex, Inc.                         |      | Derivative gains (*5)                |     |                  |   8 |     |      |     — |     |   |  42 |     |   |     — |
|                                |     | Monex Crypto Bank, Inc.             |      | Transaction revenue (*1)             |     |                  |   5 |     |      |    11 |     |   |  10 |     |   |    38 |

____________ Notes: (*1)Certain of Coincheck’s managing directors and related parties purchase or sell crypto assets on Coincheck’s marketplace platform. The transactions for the three and nine months ended December 31, 2024, were made on terms equivalent to those that prevail in arm’s -lengthtransactions. The Group recognized the corresponding transaction revenue amounting to 1,285 million yen and 4,319 million yen for the three and nine months ended December 31, 2024, respectively. The Group did not recognize transaction revenue for the three or nine months ended December 31, 2023. (*2)Business management service fee represents the considerations for guidance and support on general management and other consulting services provided by Monex, the parent company of Coincheck (prior to the Business Combination). The services include support on registration of cryptocurrency exchange business and negotiation with the Financial Services Agency necessary for continuing registration, assistance in cyber security risk management, and maintaining relationship

F-85

COINCHECK GROUP N.V. and its subsidiaries.
NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
(UNAUDITED) 15.Related parties (cont.) with relevant financial institutions. According to the business management service fee agreements, the considerations were calculated based on 5% of Coincheck’s total revenue net of cost of sales (variable fees). This agreement was terminated in November 2024. (*3)Coincheck entered into a line of credit with Monex Finance Corporation, with aggregate commitments as of March 31, 2024, and December 31, 2024 commitments of 6,000 million yen and 6,000 million yen, respectively. No amounts were outstanding under this arrangement as of March 31, 2024 or December 31,