Coincheck Inc., a Japan-based cryptocurrency exchange platform and subsidiary of Monex Group, is going public via SPAC merger with Thunder Bridge Capital Partners IV Inc. As a result of the merger, Coincheck Group N.V. will be listed on the Nasdaq with a post-transaction equity value of approximately $1.25 billion. The transaction, announced March 22, is expected to close in the second half of 2022. Coincheck is represented by Anderson Mori & Tomotsune; De Brauw Blackstone Westbroek N.V. and a Simpson Thacher & Bartlett team including partners Alan Cannon and Patrick Naughton. Virginia-based Thunder Bridge is advised by Nelson Mullins Riley & Scarborough; Mori Hamada & Matsumoto; Littler Mendelson and Allen & Overy.
Cryptocurrency
March 22, 2022, 11:49 AM