Oct 29 (Coinbase) - On July 2, 2023, Japanese cryptocurrency exchange Coincheck plans to merge with special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV to complete its listing on Nasdaq.
The transaction was initially planned for March of this year when its estimated value was roughly $1.25 billion.
According to an SEC filing, Coincheck is one of the biggest cryptocurrency exchanges in Japan with a 27% market share. It presently has 1.75 million users and supports the trading of 18 different coins.
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