Coincheck Joins Nasdaq: Coincheck’s Public Debut on Nasdaq Global Market

Coincheck Joins Nasdaq, Following in Coinbase’s Footsteps

As just the second IPO of its sort in more than three years, a Dutch parent company of Japan’s top cryptocurrency exchange operator said on Tuesday that it would make its much-anticipated public debut on the Nasdaq Global Market alongside Coinbase. The $1.3 billion special purchase merger between Coincheck Group, the holding firm with its headquarters in Amsterdam, and Thunder Bridge Capital was finalized one year later than anticipated.

Coincheck is expected to become the first exchange from Japan to be listed as a trading venue in the United States. Since Coinbase’s April 2021 launch, Coincheck Group is the second regulated cryptocurrency exchange company to go public on the Nasdaq.

CNCK Shares Start Trading as Coincheck Reshapes Its Corporate Structure

The shares will start trading under the CNCK ticker on Wednesday morning, when U.S. markets open in Eastern Time, based on a rough translation of the company’s statement found on Google. Keigo Takegahara, CFO of Coincheck Group, stated that the action would contribute to creating an environment that offers dependable services to its customers and investors.

This will enable us to have more transparent dialogue with global investors through the U.S. stock market,

Takegahara

The public listing changes the corporate structure of one of the first cryptocurrency companies in Japan.

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