# Coincheck

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coincheck

- Industry: Internet
- Headquarters: Tokyo, Japan
- Website: www.corporate.coincheck.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Apr 11, 2013)
- Investors on record: 2

## About

Coincheck, Inc., based in Japan, operates a cryptocurrency exchange platform that enables users to buy, sell, and trade a variety of digital assets, ensuring secure transactions and market access for both novice and experienced traders.Coincheck, Inc. is a cryptocurrency exchange headquartered in Tokyo, Japan. Founded in 2012, the company has undergone significant changes, including its acquisition by Monex Group, Inc. in April 2018 for JPY 3.6 billion. Koichiro Wada and Yusuke Otsuka transitioned from the board of directors to become executive directors at Coincheck, indicating a shift in operational management. The company has completed a total of 5 deals as of its latest transaction in April 2018, signifying its active role in the cryptocurrency market.Coincheck provides a wide range of cryptocurrency services, primarily focusing on its digital asset exchange platform. This platform facilitates the buying, selling, and trading of various cryptocurrencies, equipped with user-friendly features, robust security protocols, and real-time market data. The exchange also offers wallet solutions for secure storage, as well as advanced trading options such as margin trading and futures contracts, catering to both individual and institutional investors primarily within the Japanese market.In the most recent fiscal year of 2023, Coincheck reported a revenue of JPY 55,387,935.80. The company generates income through a structured transaction fee model based on the value of trades executed on its platform, supplemented by potential additional fees for premium services like margin trading.Coincheck plans to utilize the acquisition by Monex Group, Inc. to improve its business performance, potentially leading to the development of new products and services. The company is expected to explore expansion into additional markets, though specific geographic locations or timelines have not been disclosed. The funding from the acquisition is likely to support these growth initiatives, enhancing operational capabilities and market reach.

## Funding rounds

- Seed, Apr 11, 2013, $0.3M — Incubate Fund, ANRI
- Seed, Aug 28, 2012, $0.1M — Incubate Fund, ANRI

## Investors

- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Seed
- ANRI (https://capitalatlas.ai/funds/anri) — Seed