Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 135

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 135
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 we provide that allows customers to automatically purchase, daily or monthly, a fixed amount of nearly all of the cryptocurrencies supported by us. Our monthly purchase plan targets customers who prefer to make one single purchase each month, while our daily purchase plan targets customers who prefer to reduce timing risks related to price by, for example, choosing to pursue a large -amountpurchase strategy by purchasing fractional amounts daily. Coincheck Lending (Borrowing by Coincheck of Customers’ Cryptocurrencies) We provide a service, Coincheck Lending, to our customers through which they can lend their deposited cryptocurrencies to Coincheck, as borrower, for selected periods of time, in exchange for which Coincheck pays them an in -kindfee measured as a per annum percentage of the amount borrowed. All cryptocurrencies we support are eligible, and the program is entirely voluntary. Coincheck is not obligated to make any borrowing a customer has authorized. Upon expiration of the pre -selectedauthorized borrowing period, Coincheck returns the borrowed cryptocurrencies, including the customer’s fee, in kind. The customer’s fee is paid only on the borrowed customer crypto assets during the time they are held in Coincheck’s segregated hot wallets, regardless of the amount the 90 customer has authorized to be borrowed. A customer’s authorized loan size for a cryptocurrency is limited by the amount of such cryptocurrency the customer has deposited with us. As of March 31, 2025, 5.5% of customer cryptocurrency assets were authorized to be borrowed under Coincheck Lending and, at such date, we had borrowed (by holding them in Coincheck hot wallets) approximately 0.6% of total customer cryptocurrencies. Our Coincheck Lending program is in keeping with the provisions of the Cabinet Office Ordinance on Crypto Asset Exchanges and was launched after we consulted with the JFSA. Customers can participate in Coincheck Lending in amounts greater than ¥10,000 of equivalent value in the cryptocurrency being loaned, and select lending periods of 14 days, 30 days, 90 days, 180 days and 365 days, at an implied yield (a fee amount in the same cryptocurrency loaned) of 1%, 2%, 3%, 4% and 5% per year, respectively, which we may change from time to time for new loans. As of March 31, 2025, we had ¥44,479 million in crypto asset borrowings, an increase from ¥44,020 million in crypto asset borrowings as of March 31, 202