• May 21, 2024

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Coincheck to Enter US Stock Market

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Japanese crypto exchange Coincheck admitted in January 2018 that hackers managed to withdraw more than $530 million in NEM.

This hack turned out to be one of the most resonant in the cryptosphere and forced trading platforms to intensify work in the field of improving user security.

Asian media has reported the Japanese platform intends to enter the US stock exchange Nasdaq. The listing will follow the merger with Thunder Bridge Capital Partners scheduled for July 2023.

The Monex Group Corporation, which has previously acquired the Coincheck exchange, has said the merger was originally scheduled for March 2022, but then a decision was made to shift the timing.

Entering the US stock market will significantly expand the opportunities for institutional investors, emphasized the Monex Group.