Coincheck to Become First Crypto Exchange Listed on the Nasdaq Global Market

Coincheck, a Tokyo-based cryptocurrency exchange and subsidiary of Monex Group, is set to become the first Japanese crypto exchange to debut on the Nasdaq Global Market, possibly as soon as Dec. 10. On Nov. 13, the United States Securities and Exchange Commission (SEC) approved Coincheck’s application to list on Nasdaq. This milestone move will occur through a merger with Thunder Bridge Capital Partners (TBCP), marking the first time a Japanese crypto exchange will be listed on a U.S. stock exchange. The merger with TBCP, a special purpose acquisition company (SPAC), will allow Coincheck to remain a consolidated subsidiary of Monex