425: Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions
Published on November 15, 2024
Filed by Coincheck Group B.V.
pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Thunder Bridge Capital Partners IV, Inc.
(Commission File No.: 001-40555)
Date: November 15, 2024
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3 ȯ¹ʍ 0Âʒ IóØó¯ô M i ss i o n : t o i n c r ea s e t h e a cc e ss i b i l i t y o f n e w f o r m s o f i n v e s t i n g a nd c o mm e r c e f o r o u r h i g h l y - e n g a g e d customer base • =¯Â© 9ÕÂÜ ØöÕãÈ õ© ÈÁÕÂö • IÕØãÜ È Ȩ 㠼ةÜã ÈÁÜ㯠Áç¼ã¯ ʣ ØöÕãÈçØØÂö ÁعãÕ¼Ü ÂØöÕãÈ ÜÜã õ婆 ¯Â 9Õ • ]Øó¯Ü ÜçÕÕÈØã¯Â© ɹɶ ØöÕãÈçØØÂö ãȹÂÜ ØÈÜÜ ÈçØ BعãÕ¼  õ© Õ¼ã¨ÈØÁÜ ¨ÈØ ãد©  çÜãÈöʍ Ü ô¼¼ Ü ÈãØ ØöÕãÈ ã¯ó¯ã¯Ü ¯Â¼ç¯Â© 0¯㯼õ© I¨¨Ø¯Â©Ü ʞ0IÜʟ  C(dÜ • Y©¯ÜãØ ØöÕãÈ ÜÜã õ© ÜØó¯ ÕØÈó¯Ø ô¯ã ã (¯Â¯¼ ]Øó¯Ü ©Âö Ȩ 9Õ ʞ9(]ʟ • ]çܯ¯Øö Ȩ BÈÂõ *ØÈçÕʍ ¯óØܯ¨¯ ¨¯Â¯¼ ÜØó¯Ü ÈÁÕÂö Õ缯¼ö ¼¯Üã È ã dȹöÈ ]ãȹ õ© =¯Â© 9ÕÂÜ ØöÕãÈ çܯÂÜÜ ¯Â ÕØÈÜÜ È¨ ¼¯Üã¯Â© Õ缯¼ö ¯Â ã hʒ]ʒ Who is C o i n c h e c k Process Update Coincheck is undergoing a business combination with Thunder Bridge Capital Partners IV (“Thunder Bridge”) to become publicly listed in the United States • ÂÂÈç çܯÂÜÜ ÈÁ¯Âã¯È ô¯ã ÜÕ¯¼ ÕçØÕÈÜ ×ç¯Ü¯ã¯È ÈÁÕÂö ʞ]VʟdçÂØ Ø¯© ¯Â BØ ɸɶɸɸ ãÈ ¼¯Üã Õ缯¼ö È ã CÜ× • 0Âã ãÈ çÜ Õ缯 ¼¯Üã¯Â© ãÈ ÜÜ ©¼È¼ ¯ÂóÜãÈØ Ü Â çÜ Õ缯 Üãȹ Ü ×ç¯Ü¯ã¯È çØØÂö • Y©¯ÜãØã¯È ]ããÁÂã È (ÈØÁ ( ʣ ɺ Á ¨¨ã¯ó Ȩ CÈóÁØ ɷɸ ã ʍ ɸɶɸɺ • ]ØÈ¼Ø óÈã ¯Ü Üç¼ ¨ÈØ ÁØ ɻ ã ʍ ɸɶɸɺ • õã Èçãܯ ã ¨ÈØãØÁ¯Âã¯È ã Ȩ çܯÂÜÜ ÈÁ¯Âã¯È ©ØÁÂã ô¯ãdçÂØ Ø¯© ãÈ 9ÂçØö ɸ  ɸɶɸɻ
4 I Ȩ ã =Ø©Üã ØöÕãÈ V¼ã¨ÈØÁÜ ¯Â 9Õ d ȯ¹ IÕÕÈØãç¯ãö Providing Japanese Customers & Institutions with Direct Access to the Global Crypto Economy Sou rc e : C ompa ny fi l in g s Note: Figures in JPY converted to USD based on exchange rate of 0.006607 as of 3/31/2024; Coincheck FY ended 3/31, Q'1 25 based on the 3 - month period ended June 30, 2024; 1 As of Jun - 2024; Does not include NFTs; 2 LTM figures represent 12 months ended Jun - 2024; Does not include NFTs; 3 Coincheck is also known as the Crypto Asset segment in Monex filings; 4 Represents J - GAAP accounting of customer assets which is calculated as the sum of crypto currencies deposited by customers and fiat currency deposited by customers; 5 EBITDA is a non - IFRS metric. Please refer to slide 17 for a reconciliation to its most comparable IFRS metric Broad Product Set x ¯ã ØöÕãÈõ© ¨ÈØ Ø㯼 çÜãÈÁØÜ x dد© Õ¼ã¨ÈØÁ¨ÈØ ÕØȨÜܯȼ ãØØÜ x C(d ÁعãÕ¼ x YÈçÜã ÜÕØ ʣ Ü çܯÂÜÜ Áȼ ô¯ã ÕÈãÂ㯼 ¨ÈØ ¯© ¯ÂØÁÂã¼ ÕØȨ¯ã¯¼¯ãö x dÈØÈç© öã ÜÁ¼ÜÜ :y  B= ÕØÈçØÜ Â ÈÂÈد© Strong track record of growth and “first crypto account” status 2.0M+ accounts 1 30 supported cryp t o ass e ts 1 $4.9B custome r ass e t s 1, 4 $1.8B L T M Q’ 1 2 5 M a rketpla c e trading value 2 27% F Y 2 4 YoY rev en u e growth 3 $30mm LT M Q’ 1 2 5 EB I T D A 2 , 5
5 w¼¼ ʣ VÈܯã¯È ¯Â =Ø©  YÕ¯¼ö *ØÈô¯Â© Bعã Üã¼¯Ü =Ø IÕØã¯Â© ã ]¼ ¯Â 9ÕÂʭÜ .¯©¼ö Y©ç¼ã Bعã .¯©¼ö ʣ ©© çÜãÈÁØ Ü dع YÈØ È¨ ÈÂã¯Âç 0ÂÂÈóã¯È ˬ =ØÜ¯Õ ]¯©Â¯¨¯Âã *ØÈôã VÈãÂ㯼 ãØÈç© VØÈçã ˬ 0ÂãØÂã¯È¼ õÕÂܯÈ ]ãØÈ© B©ÁÂã dÁ ãÈ ]çÕÕÈØã Y©¯È¼ ˬ *¼È¼ *ØÈôã YÈçÜã (¯Â¯¼ Bȼ ô¯ã VÈãÂ㯼 ¨ÈØ .¯© 0ÂØÁÂã¼ VØȨ¯ã¯¼¯ãö ÈÂãØȼ¼ õÕÂÜÜ Â ¸çÜã Ü È Bعã ȯã¯ÈÂÜ È¯Â¹ ¯Ü ÈÁÕ¼¼¯Â© ¯©¯ã¼ ÜÜã V¼ã¨ÈØÁ
6 =Ø©  ããØã¯ó Bع㠯 ؼö ]ã©Ü Ȩ ÈÕã¯È x 9 Õ Â ¯ Ü ã 4 t h l a r g e s t g l o b a l e c o n o m y ʞ˚ɺʒɸã *Vʟ ɻ ʍ ô¯ã ©ØÈô¯Â©  ¯ÂØܯ©¼ö ÜÈÕ¯Üã¯ã ç¯óØÜ È¨ ¯ÂóÜãÈØÜ Ü¹¯Â© ô¼ã ©ÂØã¯È ÈÕÕÈØãç¯ã¯Ü x I¼ö ɽʒɽ˩ ɸ Ȩ 9ÕÂÜ ÕÈÕç¼ã¯È ÈôÂÜ ØöÕãÈ ʞóÜʒ ɷɽ˩ ɼ Ȩ h] ÕÈÕç¼ã¯ÈÂʟʍ ب¼ã¯Â© ã nascency Ȩ ã 9ÕÂÜ Áعã x w¼¼ ÕÈܯã¯È ãÈ ÜØó¯ ¼Ø©¼ö çÂØÜØó ¼È¼ institutional investor base x 9ÕÂʭÜ thoughtful crypto regulation Áȼ ¯Ü ܯ©Â ØÈç ÕØÈãã¯Â© ã ÈÂÜçÁØ Crypto Penetration in Japan Massive Untapped Market Opportunity Japan Germany United Kingdom China United States Source: Statistics Bureau of Japan; Japan Virtual and Crypto assets Exchange Association; The 2022 Geography of Cryptocurrency Report: Analysis of Geographic Trends in Cryptocurrency Adoption and Usage by Chainalysis, September 2022; Morning Consult; Associated Press Note: 1 As of Mar - 2024; 2 As of Mar - 2024, according to data from the JVCEA; 3 As of Jun - 2024; Does not include NFTs ; 4 Index of crypto adoption determined by rating 146 countries’ peer - to - peer exchange trade volume and on - chain cryptocurrency and retail value received at centralized exchanges and from DeFi protocols from 0 (lowest rank) to 1 (highest rank) by Chainalysis in September 2022; 5 Per Associated Press February 2024 article titled “Japan slips into a recession and loses its spot as the world’s third - largest economy” as of end of 2023; 6 As of January 2024, according to Morning Consult 9.9M 2 124M 1 J a p a n P o p u l a t i o n J a p a n C r y p t o C o mm un i t y ~ 2 . 1 M 3 C o i n c h e c k U s e r B a s e C r y p t o Ad op t i on b y Ma rke t S n ap s h o t 4 Today, Japan’s digital asset adoption is relatively low, representing an opportunity to ‘catch - up’ to countries of similar economic size 0.339 0.387 0.473 0.535 0.653
Stablecoins (u s e d f or p a ym e nts ) Tra v e l rule Lic e n si n g / R e gist ratio n R e g ul a tor y fram e w o r k Jurisdiction 0¯ 0ã¼ö =ãó¯ =çõÁÈçØ© B¼ã Bçدã¯çÜ CÈØôö Vȼ VÈØã穼 XãØ ]¯Â©ÕÈØ ]¼Èó¹¯ ]Èç㠨د ]ô¯ãúؼ d¯ô 7 dçعö h¯ã Ø Á¯ØãÜ Stablecoins (u s e d f or p a ym e nts ) Tra v e l rule Lic e n si n g / R e gist ratio n R e g ul a tor y fram e w o r k Jurisdiction Japan h¯ã ]ããÜ h¯ã :¯Â©ÈÁ çÜãؼ¯ çÜãد ÁÜ Ø¯Â Â öÁ 0ܼÂÜ ÂÁع Üãȯ (Ø *ØÁÂö *¯Ø¼ãØ .È© :È© .ç©Øö 9Õ ]ãÂÜ Içã Ü Bع㠨ÈØ ØöÕãÈ ã¯ó¯ãö =©¯Ü¼ã¯È ʘ Y©ç¼ã¯È ¯Â Õ¼ ã¯ó Ø©ç¼ãÈØö  © ©ÁÂã Y©ç¼ãÈØö ÕØÈÜÜ ÂÈ㠯¯ã¯ã Source: PwC Global Crypto Regulation Report 2024 Note: Regulatory assessment is based on the analysis undertaken by individual PwC member firms ØöÕãÈ Ø©ç¼ã¯È 㠩¼Â
8 =Ø ¯Â 9ÕÂʭÜ .¯©¼ö Y©ç¼ã Bعã ȯ¹ ¯Ü ÜØ ÜÜãʍ ÈÕØã¯Â© ã ܼ =¯Â© 9ÕÂÜ ØöÕãÈ ÕÕ ]Ø È¨ 9Õ Áعã ʞö ÈçÂãÜʟ ɷ Strong market share driven by trusted and recognized brand, robust relative product offering, and strong customer experience Source: AppTweak; Japan Virtual and Crypto assets Exchange Association Note: Figures are approximate based on rounding; 1 As of Jun - 2024; 2 Based on downloads among Japanese crypto asset exchange apps between 2019 - 2023; 3 As of June. 30, 2024 ■ ȯ¹ ˛ IãØ 9ÕÂÜ õ婆 2 0% 8 0% 10.4M No . 1 do m e s t i c m a r k e t s ha r e fo r 5 c on s e c u t i v e y ear s 2 6 . 5 1 m illi o n d o w n l o a ds 3
9 19% 3 4 % 2 7% 14 % 6% .¯©¼ö ʣ ©© çÜãÈÁØ Ü Coincheck’s platform strongly aligns with its user base, offering products and services that cater towards a young demographic Note: Figures are approximate based on rounding; 1 As of Jun - 2024 ˛ ɸɶÜ ˬ çÂØ ˛ ɹɶÜ ˛ ɺɶÜ ˛ ɻɶÜ ˛ ɼɶÜ ˬ ÈóØ Users by Age 1 Customer - Centric Product Strategy ȯ¹ʭÜ ÕØÈçã  çܯÂÜÜ ÜãØã©ö ¯Ü ¯Â¨ÈØÁ ö ¯ãÜ çÜãÈÁØ ÁÈ©ØÕ¯Üʍ ô¯ã ØÈ ãȹ ÈóØ©ʍ C(d ÜçÕÕÈØãʍ Âwɹ ¼¼ ÕÕ¼¯Â© ãÈ Á¯¼¼Â¯¼  ¼ãØ ©ÂØã¯ÈÂÜ x ¯ã C(d ÁعãÕ¼ x õÕÈÜçØ ãÈ Ø©ç¼ã ¯©¯ã¼ ÜÜãÜ x Bȯ¼ ʣ Âã¯ó çÜØ ¯Âãب ʞÕÕʟ x ]Á¼ÜÜ :y ÈÂÈد© ó¯ Áȯ¼ ÕÕ 50%+ of users are in their 30s and younger 1
10 IçØ YóÂç Bȼ Sou rc e : C ompa ny fi l in g s Note: Figures in JPY converted to USD based on exchange rate of 0.006607 as of 3/31/2024; All figures for Coincheck FY24, being the 12 months ended 3/31/2024 T r ansa c t i on Revenue 92.5% of Total Revenue Transaction Volume (Marketplace) Sp r ead 3.42% Av e r ag e Spre a d $1.5B Total FY24 Volume X Total Revenue Non - Transaction Revenue NFTs Initial Exchange Offering Wholesale services Cryptocurrency subscriptions Deposit and Withdrawal Fees (Crypto + Fiat) 7.5% of Total Revenue
11 ˚ ɿɺ ʒɿ ˚ɸɹʒɹ ˚ɻʒɻ ʞ˚ɸʒɺʟ FY23 FY24 Q'1 25 ˚ɸʒɿ ˚ɹʒɾ ˚ɷʒɶ ˚ɷʒɻ ˚ɶʒɻ F Y 21 F Y 22 F Y 23 F Y 24 Q'1 25 ˚ɹʍɺɼɻʒɷ ˚ɷʍɷ ɼɿ ʒɶ ˚ɷʍɺɾɶʒɺ ˚ɺɿɽʒɻ F Y 21 F Y 22 F Y 23 F Y 24 Q '1 25 F Y 22 YóÂç ʞ˚Bʟ  yÈy ˩ ©ØÈôã ɷʍ ɸ +32% (74% ) +27% ˚ɺʍɻɼɻʒɻ YÈçÜã (¯Â¯¼ Bȼ ô¯ã .¯© 0ÂØÁÂã¼ VØȨ¯ã¯¼¯ãö dع ØÈØ È¨ ÜãØÈ© ÈçÂã ©ØÈôã  ¯¼¯ãö ãÈ Á© õÕÂÜÜ ãÈ Ø¯ó ÕØȨ¯ã¯¼¯ãö CçÁØ È¨ ÈçÂãÜ ʞBʟ  yÈy ˩ ©ØÈôã ɷ BعãÕ¼ dد© tȼçÁ ʞ˚ʟ ɷ 0d ʞ˚Bʟ ɷʍ ɹ Source: Company filings; Company information Note: Figures in JPY converted to USD based on exchange rate of 0.006607 as of 3/31/2024; Revenue growth rates reflect YoY % growth in JPY; Coincheck FY ended 3/31; Figures for Q1’25 (excluding number of accounts) are calculated based on the 3 - month accounting period from April to June 2024; 1 As of end of Coincheck FY ended 3/31; Figures for Q’1 25 (excluding Number of accounts) are calculated based on the 3 - month accounting period from April to June 2024. 2 Coincheck is also known as the Crypto Asset segment in Monex filings; 3 EBITDA is a non - IFRS metric. Please refer to slide 17 for a reconciliation to its most comparable IFRS metric ɷʒɸ ɷʒɼ ɷʒɾ F Y 21 F Y 22 F Y 23 F Y 24 Q'1 25 + 3 4 % + 1 1 % + 1 0 % ɸʒɶ + 4 % ɸʒɷ
12 1 0 0 0 0 1 11 10 13 4 1 1 1 1 1 1 7 5 6 9 8 17 20 8 8 45 7 7 7 7 3 3 2 3 2 4 6 2 1 3 3 21 18 24 23 20 31 31 64 63 23 110 127 81 46 57 55 39 35 27 25 21 43 ɶ ɸɶ ɺɶ ɼɶ ɾɶ ɷ ɶ ɶ ɷɸɶ ˚ ɷɺɶ ɶ ɻ ɷɶ ɷɻ ɸɶ ɸɻ ɹɶ ɹɻ ɺɶ ɺɻ ˚ Á Á ɻɶ ÕØʒ ʣ 9çÂʒ 9ç¼ʒ ʣ ]Õʒ Iãʒ ʣ ʒ 9Âʒ ʣ BØʒ ÕØʒ ʣ 9çÂʒ 9ç¼ʒ ʣ ]Õʒ Iãʒ ʣ ʒ 9Âʒ ʣ BØʒ ÕØʒ ʣ 9çÂʒ 9ç¼ʒ ʣ ]Õʒ Iãʒ ʣ ʒ 9Âʒ ʣ BØʒ ÕØʒ ʣ 9çÂʒ 9ç¼ʒ ʣ ]Õʒ Iãʒ ʣ ʒ 9Âʒ ʣ BØʒ ÕØʒ ʣ 9çÂʒ 9ç¼ʒ ʣ ]Õʒ Iãʒ ʣ ʒ 9Âʒ ʣ BØʒ ÕØʒ ʡ 9çÂʒ ɸɶɷɿ ɸɶɸɶ ɸɶɸɷ ɸɶɸɸ ɸɶɸɹ ɸɶɸɺ Marketing costs for customer acquisition (bar chart, left axis) 1 Revenue generated from the users who completed KYC process during each quarter (bar chart, left axis) 2 Cost per acquisition (line chart, right axis) ÈÂãØȼ¼ õÕÂÜÜ Â ¸çÜã Ü È Bعã ȯã¯ÈÂÜ Source: Company information; Messari Note: Figures in JPY converted to USD based on exchange rate of 0.006607 as of 3/31/2024; Coincheck FY ended 3/31; 1 Marketing costs for customer acquisition represents total advertising and promotion expenses; 2 Cost per acquisition calculated by dividing the marketing costs for customer acquisition by number of new verified users during the quarter YóÂç  dÈã¼ Bعã¯Â© ÈÜãÜ (ÈØ çÜãÈÁØ ×ç¯Ü¯ã¯È ʞBعãÕ¼ V¼ã¨ÈØÁʟ ȯ¹ ¸çÜãÜ Áعã¯Â©õÕÂÜ Ü È ã Áعã Âó¯ØÈÂÁÂãʍ ô¯¼ Á¯Âã¯Â¯Â© ¯¼¯ãö ãÈ ããØã ¯© ×缯ãö çÜãÈÁØÜ
13 IçØ *ØÈôã ]ãØã©ö Solidify position as leading Japanese crypto exchange and deepen market penetration Advance the growth of the crypto ecosystem in both Japan and globally with growth in non - transaction - based offerings (e.g., IEOs, subscriptions) Introduce new digital asset - based products and capabilities, such as asset management Capitalize on longer - term Japanese institution opportunity in crypto by leveraging trusted brand Pursue strategically accretive investments and acquisitions in domestic exchange market and emerging crypto / blockchain technologies
14 çܯÂÜÜ hÕã ȯ¹ ÈÂã¯ÂçÜ ãÈ ããØã çÜãÈÁØÜ Ü ØöÕãÈ ÜÜãÜ ãد© Õ¼ã¨ÈØÁ ¯Â 9Õ ȯ¹ ÜãØ㠯د© dt ÈÁÁد¼Ü È Bö ɿʍ ɸɶɸɺ ãÈ ×ç¯Ø Âô çÜãÈÁØÜ Â ¨ÈÜãØ ¯ãÜ Ø ôØÂÜÜʒ 2.0M+ accounts ( + 79 K Q o Q ) =¯Â© Áعã ÜØ ô¯ã ÕÕØÈõ¯Áã¼ö ɸɶ˩ ɷ ÜØ È¨ óد¨¯ ÈçÂãÜ CçÁØȨ ãȹÂÜ ÜçÕÕÈØã ØÈÜÜ ÈçØ BعãÕ¼  õ© Õ¼ã¨ÈØÁÜ ¨ÈØ ãد©  çÜãÈö 30 coins 1 dt ÈÁÁد¼Ü ȯ¹ Áȯ¼ ÕÕ È¯Â¹ ¨ÈØ çܯÂÜÜ È¯Â¹ Ü ©ØÈô¯Â© Üç¯ã Ȩ ¯ÂÜã¯ãçã¯È¼ Ȩ¨Ø¯Â©Üʍ ÂÈã¼ö 0¯㯼 õ© I¨¨Ø¯Â©Ü ʞ0IÜʟʌ x 0 ÈÁÕ¼¯Â ô¯ã ©ç¯¼¯ÂÜ ó¼ÈÕ ö ã 9tʍ ô ÈÂçã ã ¨¯ØÜã ÕÕØÈó 0I¯Â 9ÕÂʍ ô¯ ɼɹʍɾɻɹ çÜØÜ ÕÕ¼¯ ãÈ Â ôÜ ÈóØÜçÜد ö ɸɺ ã¯ÁÜʒ x IãØ õÁÕ¼Ü È¨ 0IÜ ô ó ¨¯¼¯ã㠯¼çد¼¼¯ÂãØöÕãÈʍ  *Á(¯ çܯÂÜÜ ãã ç㯼¯úÜ ¼È¹¯Â ãÂȼȩöʍ  (ÂÕ¼ʍ ¨Â ¼ç Üȯ¼ Õ¼ã¨ÈØÁʒ Sou rc e : JV C EA Note: ¹ As of Jun - 2024; QoQ increase reflects change from number of verified accounts as of Mar - 24 to Jun - 24
15 ]¯©Â¯¨¯Âã V¯¹ ʣ çÕ ¯Â ØöÕãÈ Bعã Âó¯ØÈÂÁÂã d Vد óȼçã¯È ÈóØ ã VÜã ɷɸ BÈÂãÜ ɷ Source: Company filings, news articles, FactSet Note: As of November 11, 2024; 1 CoinMarketCap as of November 11, 2024 $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 No v - 2 3 Ja n - 2 4 M a r - 2 4 M a y - 2 4 Jul - 24 S ep - 2 4 No v - 2 4 B it c o in +137% $88,728 J anua r y 202 4 : Bitcoin ETF Approval May 20 2 4: Et h e r E T F Approval No v ember 2024: U.S. Election YÂã Bعã ]Âã¯ÁÂã “Time for Crypto to Put the Pedal to the Floor – Trump's victory presents a unique opportunity to reshape regulation and ensure no future SEC Chair can hamstring the industry again.” Coindesk 11/12/2024 “Bitcoin Price Sets Another Record as Post - Election Rally Continues” New York Times 11/11/2024 “The Crypto World Is Preparing for a Renaissance Under Trump” Wall Street Journal 11/10/2024 “Bitcoin Hits Another Record High in ‘Undeniable Bull Market ’ – President - elect Trump’s crypto ardor is energizing the market; digital - asset traders predict a friendlier regulatory backdrop.” Bloomberg 11/10/2024
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17 0d Yȯ¼¯ã¯È LTM Q’1 25 Q’1 25 FY24 FY23 FY22 ($M) $17.7 $2.9 $13.0 ($3.7) $64.7 Cã VØȨ¯ã ʞ=ÈÜÜʟ 8.0 1.4 5.8 (1.9) 27.2 ʞ˟ʟ 0ÂÈÁ dõ õÕÂÜÜ ʞ¨¯ãÜʟ 25.6 4.3 18.8 (5.6) 92.0 VØȨ¯ã ʞ=ÈÜÜʟ ¨ÈØ 0ÂÈÁ dõÜ 0.1 0.0 0.0 0.0 0.0 ʞ˟ʟ 0ÂãØÜã õÕÂÜ 4.7 1.2 4.5 3.2 3.0 ʞ˟ʟ Õدã¯È ˬ ÁÈØã¯úã¯È $30.4 $5.5 $23.3 ($2.4) $94.9 0d Source: Company filings; Company information Note: Figures in JPY converted to USD based on exchange rate of 0.006607 as of 3/31/2024; Coincheck FY ended 3/31
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