Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 149

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 149
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 ¥157.1 billion, ¥234.6 billion and ¥245.6billion during the years ended March 31, 2022, 2023 and 2024 and the nine months ended December 31, 2024, respectively. Our Mission Our mission is to increase the accessibility of new forms of investing and commerce for our highly -engagedcustomer base. With Japan as our first and only current market, we believe that in achieving our mission we will also contribute to the revitalization of the Japanese economy. In pursuit of our mission, we will continue to create crypto asset solutions that enable our users to access and transact utilizing crypto assets and blockchain technologies. Since the launch of our crypto exchange in 2014, we have provided our young, highly -engagedretail customer base with the opportunity to become familiar with crypto assets by offering a service that is easy to use for anyone, regardless of financial or technological literacy. Our History After our establishment in 2012 as ResuPress K.K., we launched our crypto asset trading service, “Coi ncheck” in 2014 and subsequently changed our corporate name to Coincheck, Inc. in 2017. In April 2018, we were acquired by Monex Group, Inc., or Monex, for ¥3.6 billion. At the time of the acquisition, we were implementing ongoing improvements to our security systems to strengthen customer protection and corporate governance through more fully developed risk management systems following a cybersecurity incident in January 2018 in which our NEM hot wallet was hacked and we lost 526.3 million NEM, or ¥46.6 billion, of customer funds. Although we compensated customers who were adversely affected by the cybersecurity incident, we were subject to lawsuits relating to the calculation of the compensation provided. Some of these lawsuits have been resolved by judgment or alternative dispute resolutions but as of December 31, 2024 there is one remaining lawsuit demanding approximately ¥5 million. In part as a response to this cybersecurity incident, as well as similar hacking incidents that occurred at other cryptocurrency exchanges at around the same time, we joined with the 16 domestic cryptocurrency exchanges in operation in Japan as of March 2018, to form the JVCEA in order to strengthen rules in the industry to prevent future incidents. In October 2018, the JFSA granted the cryptocurrency industry in Japan self -regulatorystatus, giving the JVCEA the ability to establish standardized operating procedures, including the ability to set guidelines on the crypto