Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 128

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 128
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 retail investors in Japan to invest in cryptocurrencies using our Marketplace platform, which supports the purchase and sale by our customers of 30 cryptocurrencies as of March 31, 2025 and 34 cryptocurrencies as of the date of this prospectus. In the years ended March 31, 2023, 2024 and 2025, 98.9%, 99.6% and 99.6%, respectively, of our total revenue consisted of transaction revenue generated from our Marketplace platform. To support customer acquisition, retention and activity, we seek to include attractive features in our retail investor offering, including closer interfaces with certain Web3 businesses which can benefit our customers, that we believe add value or can otherwise differentiate us, many of which are described below. We also have initiatives, such as our recently launched “Coincheck Prime” branded offering, our industry -firstIEO platform business and our recently -acquiredstaking platform service offering (which we expect will enhance our current staking award offering), that are designed to increase our appeal to institutional and more sophisticated investors in Japan and to attract other crypto industry firms to work with us. Part of our strategy is to expand these types of services and initiatives in countries and regions outside of Japan, primarily through acquisitions, investments, joint ventures or strategic relationships with firms or businesses in such other countries and regions, which we have been actively exploring since becoming a Nasdaq -listedcompany in December 2024. There can be no assurance that any such expansion opportunity we explore will result in an acquisition or similar transaction, or that if consummated any such acquisition or similar transaction would be successful. Our Retail Investor Offering Marketplace Platform Our Marketplace platform is our core offering. Our user -friendlysmartphone application, which is what most of our customers use, allows for comprehensive yet easy -to-usefunctionality for beginning and less -experiencedcustomers. Our more experienced traders may also use the smartphone application or our more feature -richweb browser -basedinterface. For customer purchase and sale transactions, Coincheck is always the seller to, and buyer from, the customer, and its compensation is in the form of a price spread. The spread we set is generally in a range of 0.1% to 5.0% of the transaction’s asset value, and can change from time to time. We make this determination by considering prevailing market conditions with respect to a cryptocurrency, including competitors’ offers. We may increase a spread when there is sudden market movement and shortage of liquidity. While Coincheck does not