<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/coincheck-moves-forward-with-nasdaq-listing" data-wpel-link="internal" rel="noopener noreferrer nofollow">Coincheck Moves Forward with Nasdaq Listing</a><br></p>
<p style="text-align: justify">Coincheck, a cryptocurrency exchange based in Tokyo, is set to enter the Nasdaq market under the umbrella of Monex Group, following a significant endorsement from the U.S. Securities and Exchange Commission (SEC), slated for November 13, 2024. This marks a pivotal moment for the exchange as it prepares to broaden its horizons within the U.S. financial landscape.</p>
<h2 id="what-are-the-nasdaq-listing-plans">What Are the Nasdaq Listing Plans?</h2>
<p style="text-align: justify">Coincheck will trade under the ticker symbol CNCK after completing its merger with Thunder Bridge Capital Partners IV, a special purpose acquisition company. The trading launch is anticipated on December 11.</p>
<h2 id="what-will-the-merger-mean-for-coincheck">What Will the Merger Mean for Coincheck?</h2>
<p style="text-align: justify">The merger will enable the new entity to access around $237 million, facilitating the growth of Japan’s first cryptocurrency exchange to be listed on Nasdaq. The SEC’s draft registration for Form F-4, submitted on November 7 and effective November 12, has cleared the path for this listing.</p>
<p style="text-align: justify">Key insights from this development include:</p>
<ul>
 <li>Coincheck’s entry into the U.S. market may inspire other Japanese exchanges to pursue similar listings.</li>
 <li>The merger will allow Coincheck to leverage significant capital to fuel its expansion.</li>
 <li>Monex Group will retain an 82% controlling interest, highlighting the continued importance of Japanese stakeholders.</li>
</ul>
<p style="text-align: justify">The SEC’s approval and forthcoming listing emphasize a growing synergy between the Japanese and U.S. cryptocurrency markets. This initiative sets a benchmark for other crypto firms in Japan, encouraging them to seek opportunities in U.S. capital markets. The partnership signifies a notable step toward mainstream acceptance of digital assets in traditional financial systems.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/coincheck-moves-forward-with-nasdaq-listing" data-wpel-link="internal" rel="noopener noreferrer nofollow">Coincheck Moves Forward with Nasdaq Listing</a></h5>

Coincheck Moves Forward with Nasdaq Listing

Table of Contents

BH NEWS

Other articles published on Nov 13, 2024

The Coin Set to Skyrocket? Experts See WIF-Level Potential, Predicting It Could Turn $1,000 Into ...

SHIB targets $0.00003500 as ADA breaks out of consolidation to reclaim $0.60

Bitcoin Nears $90K as Post-Election Momentum Fuels Rally

Top 4 Coins Poised to Break into the Top 10 by Market Cap: PEPE, Sui, and Avalanche

Report Shows Solana Closing the Gap with Ethereum in Market Metrics

SuperEx丨Bitcoin ETFs Set to Surpass Gold ETFs, Truly Achieving BTC > Gold

Join our free newsletter for daily crypto updates!