Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 28

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 28
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 resulted in an increase in our customer assets (IFRS) to ¥708 billion as of March 31, 2024. As of December31, 2024, our customer assets (IFRS) were ¥1,096billion. The price and trading volume of any crypto asset is subject to significant uncertainty and volatility, depending on a number of factors, including: •market conditions of, and overall sentiment towards, crypto assets; •changes in liquidity, market -makingvolume and trading activities; •trading activities on other crypto platforms worldwide, many of which may be unregulated, and may be subject to manipulative activities; •investment and trading activities of highly active retail and institutional users, speculators and miners; •the speed and rate at which crypto assets are able to gain adoption as a medium of exchange, utility, sto re of value, consumptive asset, or usage worldwide, if at all; •decreased user and investor confidence in crypto assets and crypto platforms; •negative publicity and events relating to crypto assets including due to bankruptcies, fraud or allegations of fraud, failures of management and hacks; 14 •unpredictable social media coverage or “trending” of, or other rumors and market speculation regarding crypto assets; retail customer preferences and perceived value of crypto assets and crypto asset markets; •increased competition from other payment services or other crypto assets that exhibit better speed, security, scalability, or other characteristics; •regulatory or legislative changes and updates affecting the use and regulation of crypto assets, both in Japan and globally; •the maintenance, troubleshooting, and development of the blockchain networks underlying crypto assets, including by miners, validators, and developers worldwide; •the ability for crypto networks to attract and retain miners or validators to secure and confirm transactions accurately and efficiently; •ongoing technological viability and security of crypto assets and their associated smart contracts, applications and networks, including vulnerabilities against hacks and scalability; •fees and speed associated with processing crypto asset transactions, including on the underlying blockchain networks and on cryptocurrency exchanges; •financial strength of market participants; •interruptions in service from or failures of major crypto platforms; •availability and cost of funding and capital; •liquidity of major crypto platforms; •availability of an active derivatives market for various crypto assets; •availability of banking and payment services to support crypto -relatedprojects; and •national and international economic and political conditions, such as rising global interest rates and Russia’s invasion of Ukraine. There is no assurance that any crypto asset that is