Coincheck is a crypto asset exchange in Japan with over 1.6 million verified accounts.
Odaily News: Japanese telecommunications company KDDI will subscribe to 28.5 million newly issued shares of Coincheck Group at JPY 2.28 per share, with a total transaction value of approximately $65 million. Upon completion of the transaction, KDDI will hold about 14.9% of Coincheck, with the deal expected to close in June 2026.The two parties have also signed a business cooperation agreement, planning to collaborate on user acquisition, revenue sharing, and digital asset services. Reports indicate that Coincheck will leverage KDDI's user ecosystem, including au, UQ mobile, and povo, to expand its crypto business coverage, while KDDI will gain exposure to compliant digital asset infrastructure through the partnership.Reports suggest that major Japanese companies are gradually entering the digital asset industry through collaboration models, rather than building their own trading infrastructure. (FinanceFeeds)
Monex Group disclosed its full-year financial results for the fiscal year ending March 2026 on May 12, reporting revenue from cryptocurrency-related operations amounting to ¥17.592 billion, an increase of 9.7% year-on-year. Specifically, Coincheck’s trading volume stood at ¥4.1294 trillion, down 21.3% year-on-year; while sales trading volume totaled ¥312.6 billion, down 7.4% year-on-year. However, the company newly recognized ¥2.528 billion in staking revenue, and staking income related to 3iQ also drove other operating revenue up to ¥882 million, a 167.7% increase year-on-year. During the same period, this business recorded a pre-tax loss of ¥539 million. Additionally, it was disclosed that Coincheck Group N.V. has signed share subscription agreements with KDDI, planning a third-party private placement totaling USD 65.063256 million, and is collaborating with KDDI and au Financial Holdings to establish a new company—au Coincheck Digital Assets—to launch non-custodial wallet services.
Coincheck Group, a Nasdaq-listed company, announced a strategic investment and business cooperation agreement with Japanese telecom giant KDDI Corporation. KDDI will subscribe to 28,536,516 newly issued common shares of Coincheck Group at a price of $2.28 per share, with a total transaction value of approximately $65 million. JPMorgan served as financial advisor, and De Brauw Blackstone Westbroek and Simpson Thacher & Bartlett LLP served as legal advisors. It is reported that the two parties will collaborate on expanding the digital asset market, including revenue sharing and referral incentive mechanisms. (Businesswire)