Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 46

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 3
Chunk 46
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 technology and

trade secrets could be lost through misappropriation or breach of our confidentiality and license agreements, or (with

respect to proprietary technology) reverse engineering, and any of our intellectual property rights may be

challenged, which could result in them being narrowed in scope or declared invalid or unenforceable. There can be

no assurance that our intellectual property rights will be sufficient to protect against others offering products,

services, or technologies that are substantially similar to ours and that compete with our business.

We may be subject to claims for alleged infringement of proprietary rights of third parties.

In recent years, there has been considerable patent, copyright, trademark, domain name, trade secret and

other intellectual property development activity related to crypto assets, as well as litigation, based on allegations of

infringement or other violations of intellectual property. Our use of third-party intellectual property rights also may

be subject to claims of infringement or misappropriation. We cannot guarantee that our internally developed or

acquired or licensed technologies and content do not or will not infringe the intellectual property rights of others.

From time to time, our competitors or other third parties may claim that we are infringing upon or misappropriating

their intellectual property rights, and we may be found to be infringing upon such rights. Any claims or litigation

could cause us to incur significant expenses and, if successfully asserted against us, could require that we pay

substantial damages or ongoing royalty payments, prevent us from offering our products or services or using certain

technologies, force us to implement expensive work-arounds, or impose other unfavorable terms or consequences.

We expect that the occurrence of infringement claims is likely to grow as the market for crypto assets grows and

matures. Even if intellectual property claims do not result in litigation or are resolved in our favor, these claims, and

the time and resources necessary to resolve them, could divert the resources of our management and require

38

significant expenditures. Any of the foregoing could prevent us from competing effectively and could have an

adverse effect on our business, operating results, and financial condition.

Our platforms and systems contain third-party open source software components, and failure to comply with the

terms of the underlying open source software licenses could harm our business.

Our platforms and systems contain software modules licensed to us by third-party authors under “open

source” licenses. We also make certain of our own software available to users for free under various open source

licenses. Use and distribution of open source software may