Coincheck Receives SEC Approval for Nasdaq Listing
Tokyo-based crypto exchange Coincheck, which is owned by Monex Group, will become the first Japanese platform to be listed on the Nasdaq Global Market. The debut could occur on December 10.
The platform’s application to list on the Nasdaq was approved by the SEC on November 13.
The listing will occur through a merger with Thunder Bridge Capital Partners (TBCP) and will be the first time a Japanese cryptocurrency exchange will be listed on a US exchange.
This merger with TBCP, a special purpose acquisition company (SPAC), will allow Coincheck to remain a subsidiary of Monex Group even after the listing.