Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 147

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 147
---
 |     |     |             |     |
| Lease liabilities |     | ¥                   | 1,661 |     | ¥           | 1,687 |     | ¥      | 394 |     | ¥           | 384 |     | ¥           | 356 |     | ¥           | 553 |
| Total             |     | ¥                   | 1,661 |     | ¥           | 1,687 |     | ¥      | 394 |     | ¥           | 384 |     | ¥           | 356 |     | ¥           | 553 |

Off-Balance Sheet Arrangements During the periods presented, we did not have, and we do not currently have, any off -balancesheet financing arrangements or any relationships with unconsolidated entities or financial partnerships, including entities sometimes referred to as structured finance or special purpose entities, that were established for the purpose of facilitating off -balancesheet arrangements or other contractually narrow or limited purposes.

96 BUSINESS Overview We operate one of the largest multi -cryptocurrencymarketplaces and exchanges in Japan and are regulated by the JFSA. We are a leader in the Japanese crypto exchange industry, providing Marketplace and Exchange platforms on which diverse cryptocurrencies, including Bitcoin and Ethereum, are held and exchanged, and offering other retail -focusedcrypto services. We are also increasing Japanese users’ access to innovative digital products and solutions beyond cryptocurrencies, such as non -fungibletokens (“NFTs”), and seek to enable Japanese users to access the benefits of emerging new technologies. We believe we are well positioned to benefit from increasing adoption of cryptocurrencies and other new technologies within the world’s fourth largest economy. We estimate that 18.6% of cryptocurrency users in Japan have a verified Coincheck account, or approximately 2.2million users as of December 31, 2024, based on data compiled by the JVCEA. We believe that our users choose us due to our trusted and recognized brand, robust product offering and strong customer service. Approximately 51% of these accounts are held by customers under 40 as of December 31, 2024, providing the opportunity for our business to grow alongside our customers as they reach their prime earning years. We believe that this, combined with our constant innovation and robust KYC/AML and compliance infrastructure, positions us to capitalize on the potential growth of the Japanese crypto economy. We derive most of our total revenue from trading on our Marketplace platform business. We support trading in 31 different types of