Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 182

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 182
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ell board” that displays transaction status in real time. Trading in Small Amounts We allow users to trade in amounts as small as ¥500 (or an amount equivalent to ¥500), making it easy for users to start trading. In addition, we enable users to send and receive crypto assets at a lower cost than the traditional remittance services offered by banks and other intermediaries for utilizing cash. High Level of Security We understand the importance of security and stability of transactions conducted on our cryptocurrency exchanges to ensure users can buy, sell, and trade crypto assets safely. The following describes in more detail several of our significant security measures: Operational and Risk Management Systems Under the supervision of our board of directors, we have established and continuously review operational and risk management systems to ensure the stability of our platforms, including: •System risk assessment •Information security management •Cyber security risk management 120 •System planning, development, and operation management •External contractor management •Contingency plans Although we comply with regulatory requirements relating to the safeguarding of customer crypto assets that we hold, these assets are not insured or guaranteed by any government or government agency, and we do not maintain any insurance for the recovery of any potential loss of such customer assets. For more information on the regulatory requirements related to customer assets, see “ —Regulatory Environment — Regulations on Crypto Asset Exchange Service .” Cover Counterparty Risk Management Policies Our Dealing Department constantly monitors information with respect to our cover counterparties by reviewing real -timeinformation about each cover counterparty, as well as the crypto asset community in general, on social media, including but not limited to X (formerly, Twitter), and other available news sources, such as CoinDesk and The Block. We also review public proof of reserve transactions on -chainand use on -chainanalysis and research conducted by blockchain analytics platforms, such as Nansen and Defillama, to obtain additional information. If we were to receive information that leads to credit concerns about a specific cover counterparty with which we transact, we would reduce the amount on deposit with such cover counterparty and transfer assets to another cover counterparty in order to permit uninterrupted execution of cover transactions. Moreover, if we were to receive information that could suggest reputational or legal concerns or put into question the ongoing viability regarding a cover counterparty, we would evaluate such information and concerns and, if we deem it necessary, take measures to transfer assets deposited with such cover counterparty to another cover counterparty and terminate the relationship with such cover counterparty. If we were to receive information