Announcement of Basic Agreement Execution for the Acquisition of Next Finance Tech

Amsterdam, Netherlands – February 10, 2025 – Coincheck Group N.V. (Nasdaq: CNCK, hereinafter “Coincheck Group”), a Dutch public limited liability company and a holding company of Coincheck, Inc. (hereinafter “Coincheck”), a leading Japanese crypto asset exchange, today announced that it has reached a basic agreement to acquire all outstanding shares of Next Finance Tech Co., Ltd. (hereinafter “NFT”).

NFT is a blockchain infrastructure company that provides staking services to a wide range of corporate clients and individual customers globally based in Japan. Staking is a mechanism in which crypto asset holders can receive additional crypto assets in return for contributing to security in a Proof of Stake blockchain.

We anticipate positive synergies resulting from the collaboration between NFT and Coincheck. Coincheck introduced its staking service named “Coincheck Staking” on January 31, 2025. Coincheck Staking is initially starting only with Ethereum but will be expanding the range of cryptocurrencies in the future. At the time of initially launching its staking service, Coincheck enlisted third party staking service providers, but with the anticipated integration of NFT into Coincheck Group, we will be well positioned to offer our own inhouse comprehensive staking service solution not only within the Coincheck Group, but to NFT’s existing and future customers and clients globally.

The NFT transaction will mark Coincheck Group's first acquisition since its Nasdaq listing and will provide Coincheck Group with an additional team of very talented professionals and aligns with Coincheck Group’s strategy of growing both Coincheck domestically, and Coincheck Group globally.

We seek to attract top talent from across the crypto and web3 industries to join our group, and the NFT management team well exemplifies the high level of expertise in their field that we look for. NFT will continue to operate as an independent business entity, offering services to other crypto asset exchanges in Japan. As a staking service provider, it aims to be a trusted resource for financial institutions and business enterprises, playing an essential role in the adoption of crypto assets as a key component of society's financial infrastructure.

The completion of the acquisition is anticipated by the end of March 2025, contingent upon the negotiation of final terms and conditions, as well as obtaining regulatory approvals.

About Next Finance Tech Co., Ltd.

Next Finance Tech Co., Ltd. is a blockchain infrastructure company that provides staking services to corporate clients and individual customers globally as a node operator based in Japan. It utilizes its experiences as an operator to provide a wide range of solutions to clients and customers, including the development of systems for managing and operating crypto assets and consulting services with the theme of "Fun with Finance," aiming to provide attractive opportunities to enjoy the new decentralized finance landscape.

About Coincheck Group N.V.

Headquartered in the Netherlands, Coincheck Group N.V. (NASDAQ: CNCK) is a public limited liability company and the holding company for Coincheck, Inc. Coincheck operates one of the largest multi-cryptocurrency marketplaces and crypto asset exchanges in Japan and is regulated by the Japan Financial Services Agency. Coincheck provides marketplace and exchange platforms on which diverse cryptocurrencies, including Bitcoin and Ethereum, are held and exchanged as well as several services for retail customers and corporate clients.

Forward Looking Statements

This press release contains "forward-looking statements." Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical facts and may be “forward-looking statements.” Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made and involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated including the risks discussed in the filings of Coincheck Group N.V. with the U.S. Securities and Exchange Commission. Forward-looking statements may be identified through the use of words such as "expects," "will," “anticipates," “estimates," "believes," or by statements indicating certain actions "may," "could," "should," or "might" occur or similar words or phrases, or the negatives of those words or phrases. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

Coincheck Group N.V. Media Relations

For inquiries from the press regarding this release, please contact:
Coincheck Group N.V. Public Relations coincheckIR@icrinc.com

Coincheck Group N.V. Investor Relations

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coincheckIR@icrinc.com

Source: Coincheck Group N.V.

Released February 10, 2025