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Coincheck to List on Nasdaq by Merging with Thunder Bridge Capital
Summary: According to reports by CoinDesk, Japanese crypto exchange Coincheck is looking to complete its listing on Nasdaq by merging with special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV. Coincheck is one of Japan’s largest currency exchanges with a market share of 27%, according to a U.S. Securities and Exchange Commission (SEC) filing. According ...
According to reports by CoinDesk, Japanese crypto exchange Coincheck is looking to complete its listing on Nasdaq by merging with special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV.
Coincheck is one of Japan’s largest currency exchanges with a market share of 27%, according to a U.S. Securities and Exchange Commission (SEC) filing.
According to the SEC, mergers with SPACs have been a popular way for companies to go public in recent years.
However, the decline of the crypto market in recent months has prevented many SPACs from forming. Bitcoin miner PrimeBlock, for example, had to cancel its plan of going public via a merger with 10X Capital Venture Acquisition in August.
Author: Katie Lin
Tags: Coincheck,Exchange,Japan,listing,merger,Nasdaq,public,SPAC,special purpose acquisition company,Thunder Bridge Capital Partners IV
Link: Coincheck to List on Nasdaq by Merging with Thunder Bridge Capital [Copy]
