Coincheck is going to list on NASDAQ via SPAC-deal

22.03.2022 16:04
by Artem Ustinov
1 min read

Japanese cryptocurrency exchange Coincheck announced plans to get listed on NASDAQ in the second quarter of 2022. The company will execute a $1.25 billion SPAC deal with Thunder Bridge Capital Partners IV (THCP).

The deal is expected to be closed in the second quarter. The shares will get the ticker CNCK. The combined company was valued at $1.25 billion. The share of the main shareholder Monex Group will be 82%. THCP will provide $237 million in cash.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

Trending news

Subscribe and be in touch
Click here