Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 25

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 25
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 of our results of operations should not be relied on as indicators of future performance. Our operating results will continue to fluctuate significantly as a result of a variety of factors, many of which are unpredictable and in certain instances, are outside of our control, including: •our revenue is dependent on crypto asset trading activity by our customers, including trading volume and the prevailing trading prices for crypto assets, whose trading prices and volume are highly volatile; •our ability to attract, maintain, and grow our customer base and engage our customers; •our ability to diversify and grow, including in respect of our non -transactionrevenue; •pricing pressure on our products and services; •investments we make in the development of products and services as well as our investment in sales and marketing; •addition and removal of crypto assets on our cryptocurrency exchanges or Coincheck NFT marketplace; 12 •adverse legal proceedings or regulatory enforcement actions, judgments, settlements, or other legal proceeding and enforcement -relatedcosts; •regulatory changes that impact our ability to offer certain products or services; •the development and introduction of existing and new products and services by us or our competitors; •system failure or outages, including with respect to our crypto platforms or other third -partycrypto networks; •breaches of security or privacy; •inaccessibility of our cryptocurrency exchanges or Coincheck NFT Marketplace due to our or third -partyactions; •our ability to attract and retain talent; and •our ability to compete with our competitors, including ones that offer, or begin to offer, more types of crypto assets, better transaction and settlement speed, security, or scalability, lower or more favorable fee structures, or other characteristics attractive to customers. Cyberattacks and security breaches of our cryptocurrency marketplaces, exchanges, platforms or back-office systems, or of other cryptocurrency marketplaces, exchanges of platforms, especially those impacting crypto customers or other third parties, could adversely impact our brand and reputation and our business, operating results, and financial condition. Our business involves the collection, storage, processing, and transmission of confidential information, customer, employee, service provider, and other personal data, our and our customers’ crypto and fiat assets, as well as information and technology required to access those assets. We have built our reputation, in part, on the premise that our cryptocurrency platforms offer customers a secure way to purchase, store, and transact in crypto assets. As a result, any actual or perceived security breach of our systems or those of our third -partyproviders may