Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 76

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 3
Chunk 76
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 liquidity to support the fulfillment of customer orders made on our

Marketplace platform. Our Exchange platform is operated via a web browser-based version of our software that we

believe gives more experienced and sophisticated users a higher level of functionality to access deep markets in

select cryptocurrencies. The Exchange platform works as follows: Order books are created where sellers and

purchasers share their respective trading prices, and once orders with similar trading prices and conditions are

matched, these transactions are promptly executed and settled. Under our terms of service, a sales contract binding

on both parties is formed as soon as a match is completed. Our Exchange platform supports direct purchase and sale

transactions between users for 20 cryptocurrencies as of March 31, 2025 and the date of this report. We historically

have not charged fees or commissions for the use of, or transactions completed on, our Exchange platform, with

certain exceptions, so we do not currently derive any material revenue from customer transactions made on it. We

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consider on a continuous basis, based on relevant factors such as price or fee terms of competitors’ similar exchange

offerings, whether we can grow our revenue in our Exchange platform business.

Coincheck also places direct orders from time to time on the Exchange platform to execute cover

transactions on its Marketplace platform, making trades on the same basis as other users on the platform, at what we

believe are more efficient prices compared to available alternatives. We do not include our purchases in our

published Exchange platform volume metrics.

Cryptocurrencies Supported By Our Marketplace and Exchange Platforms

As of March 31, 2025 and the date of this report, we support 31 cryptocurrencies across our Marketplace

and Exchange platforms. Our Marketplace platform supports 30 cryptocurrencies and our Exchange platform

supports 20, 19 of which are also supported on our Marketplace platform and one of which, DAI, is tradeable only

on our Exchange platform. These 31 supported cryptocurrencies are listed below, with an asterisk (*) next to the

twenty cryptocurrencies that can be traded on our Exchange platform.

  • Bitcoin (BTC)*                     • FiNANCiE (FNCT)*         
  • Ethereum Classic (ETC)*            • Immutable (IMX)*         
  • Ripple (XRP)*                      • IOST (IOST)*             
  • ApeCoin (APE)                      • Lisk (LSK)*              
  • Avalanche (AVAX)*                  • Litecoin (LTC)           
  • Axie Infinity (AX