Summary
- Coincheck announced plans to expand interactions with global investors through its Nasdaq debut.
- The initial market cap was evaluated at $1.25 billion through the merger transaction.
- Coincheck has a history of reimbursing funds to users after a hacking incident.
Coincheck, a major cryptocurrency exchange in Japan, debuts on Nasdaq today, the 11th.
According to The Block's report on the 11th (local time), Coincheck went public through a SPAC merger with Thunder Bridge Capital. Based on the merger transaction value, Coincheck's initial market cap is estimated at $1.25 billion.
Coincheck stated, "Through our Nasdaq debut, we can continue to engage with global investors and talent, accelerating our business expansion based on this."
In 2018, Coincheck experienced a hacking incident where approximately $530 million worth of NEM tokens were stolen, but they reimbursed all funds to about 260,000 users using their own capital.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
