Coincheck, one of Japan’s largest cryptocurrency exchanges, will merge with Thunder Bridge Capital Partners IV, which is already listed on the Nasdaq.
According to the March 22 press release, approximately 1.5 million users Cryptocurrency exchange Coincheck has partnered with Thunder Bridge Capital Partners IV, which is listed on the Nasdaq with the code THCP. merger agreement signed.
With the statement made, the merger will be completed in 2022. in the second quarter expected to be completed. Later on Nasdaq Global Select Market with the new structure “CNC” will be listed by code.
Coincheck company to 94.2% Monex, the owning securities company, will retain all its assets with the merger and the new structure will 84% partner will be.
Headquartered in Tokyo, Coincheck is ranked by CoinMarketCap. ranked 13th and the daily trading volume is approx. around 125 million dollars. Coincheck is also regulated by Japan’s Financial Services Agency (FSA), and the company is said to offer innovative digital solutions to customers in Japan beyond cryptocurrencies.