Japanese cryptocurrency exchange Coincheck is expected to go public on the Nasdaq in December

ChainCatcher news, according to CoinDesk, Japanese brokerage and cryptocurrency exchange operator Monex Group announced today that its subsidiary Coincheck Group BV (CCG) has had its registration statement (Form F-4) submitted to the U.S. Securities and Exchange Commission (SEC) become effective on November 12, which will significantly advance the process for the cryptocurrency exchange to be listed on the Nasdaq in the United States.

According to the published schedule, the special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV (THCP) will hold a shareholder meeting on December 5, with the merger expected to be implemented around the 10th of the same month. CCG's stock (ticker symbol: CNCK) is expected to begin trading on Nasdaq on the next trading day after the merger is completed.

This listing of Coincheck is achieved through its merger with THCP announced in March 2022. Initially planned to be completed in the second half of that year, it subsequently underwent three contract changes, occurring in May 2023, May 2024, and October, ultimately receiving approval from the SEC.