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Coincheck Becomes First Japanese Crypto Exchange on Nasdaq

  • Coincheck, a subsidiary of Monex Group, is set to become the first Japanese crypto exchange to be listed on the Nasdaq Global Market.
  • The US SEC approved Coincheck's application for the listing, which will be facilitated through a merger with Thunder Bridge Capital Partners (TBCP), a special purpose acquisition company (SPAC).
  • Coincheck filed a Form F-4 registration statement with the SEC, and upon shareholder approval, the merger is expected to close on December 5.
  • This milestone allows Coincheck to expand its presence in the US market and marks a significant development in the cryptocurrency industry.

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