Coincheck Makes
History As 1st Japanese Crypto
Exchange To Debut On Nasdaq
Coincheck Makes History As 1st Japanese Crypto Exchange To Debut On Nasdaq
by Christian Encila
2 minutes ago
in Crypto News
0
Coincheck, a company headquartered in Tokyo, is expected to become the first
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта exchange in Japan to list its shares on a US• Экономика » Финансы » Платежные средства » Доллар США stock exchange• Экономика » Финансы » Финансовый рынок » Рынок ценных бумаг » Биржи » Фондовые биржи
• Экономика » Финансы » Финансовый рынок » Рынок ценных бумаг » Фондовый рынок » Фондовые биржи.
Related Reading: Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin Explodes 113% After Trump Announced Key Admin Role
For Elon Musk
The US• Экономика » Финансы » Платежные средства » Доллар США Securities and Exchange Commission (SEC) has approved Coincheck s
listing on the Nasdaq , which is a significant step in bridging the gap
between the Japanese and American cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта markets.
Through a strategic merger with Thunder Bridge Capital Partners IV, a
special-purpose acquisition company, or SPAC, the exchange will debut on
December 11 under the symbol CNCK.
Strategic Merger With Thunder Bridge Capital
Coincheck gains significant support in entering the highly competitive crypto
arena through its merger with Thunder Bridge Capital Partners IV (TBCP).
In exchange, the combined Coincheck and TBCP will have $237 million in trust
with Thunder Bridge to help commit to other revenue-enhancing opportunities.
Source: Monex Group
Gary A. Simanson is set to run the combined entity of Thunder Bridge but Monex
Group will hold its 82% majority interest• Экономика » Финансы » Процентный доход to maintain ownership of Coincheck
by Japanese shareholders.
In this regard, the TBCP deal with Coincheck also reflects a growing
attraction for SPAC mergers that digital finance• Экономика » Финансы » Процентный доход companies are now pursuing to
access the public markets.
The US• Экономика » Финансы » Платежные средства » Доллар США SEC has approved the application of Japanese cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта exchange
Coincheck to be listed on Nasdaq. It is expected to be listed on December 10
with the stock code CNCK and will become the first Japanese cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта
exchange to be listed in the United States• Соединённые Штаты Америки (США).…
— Wu Blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн (@WuBlockchain) November 14, 2024
The merger can, to all intents and purposes, be called an innovation of the
age-old financial structures by Coincheck to reach the market in the United
States• Соединённые Штаты Америки (США).
The details of the merger will be finalized after the shareholder vote on
December 5, ushering Coincheck s Nasdaq debut just weeks later.
Paving The Way For Japanese Crypto Firms In US• Экономика » Финансы » Платежные средства » Доллар США Markets
The Coincheck Nasdaq listing might inspire other Japanese and Asian crypto
exchanges to take a similar step to expand to US• Экономика » Финансы » Платежные средства » Доллар США soil. For Japanese businesses
in the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта field, Coincheck s listing as the country s
first cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта exchange marks a significant milestone that could lead to
increased cross-border investments and market integration.
As of today, the market cap of cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта stood at $2.93 trillion.
Chart: TradingView
Listing on Monex Group is part of the company s long-term plan to expand
internationally, take advantage of market access, and maximize financial
potential.
Coincheck s launch might even establish a standard for other foreign
exchanges wishing to make a foray into US• Экономика » Финансы » Платежные средства » Доллар США financial markets, as Nasdaq offers
a fresh platform for exposure and expansion.
Image: IOST情報局
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Fraud Charges
Coincheck: Milestone In The Global Financial Landscape
Meanwhile, Coincheck has experienced delays and regulatory reviews during its
years-long entry to the Nasdaq. Things had to change even after Monex Group
stated that it would be the first to list the exchange in the US• Экономика » Финансы » Платежные средства » Доллар США as early as
2024 due to regulatory adjustments.
With this SEC approval, Coincheck is now well on its way to having an impact
on the American financial landscape just as much as it does on the Japanese
one.
Featured image from Alpari, chart from TradingView