NASDAQ listed in Crypto Exchange Group Coincheck Buys Regulated Prime Broker Aplo
The Japanese Cryptocurrency Exchange Coincheck, whose company based in the Netherlands is listed on the NASDAQ trading platform last year (Cnck)Has APLO acquired, a Digital Asset Prime Brokerage Firm controlled in France by financial markets (AMF).
Acquisition will help coincheck, a popular exchange in Japan, expand in Europe, companies said Tuesday. The financial terms of the deal were not expressed.
The Coincheck was founded in Tokyo, Japan, in 2014, which was rebuilt from an earlier Bitcoin purse and payment company called Resupress, founded in 2012 by Koichiro Wada and Yusuke Obsuka.
Coincheck Group NV, headquarter in the Netherlands, listed in Nasdaq late last year by a integration with Special Purpose Acquisition Company (Spac) Thunder Bridge Capital Partners IV (THCP).
As part of the acquisition, all issued and remaining APLO shares will be exchanged for newly issued ordinary coincheck group shares, a transaction that is expected to close in October 2025, according to a press release.
“The APLO brings us the proven technology, expertise that European institution clients recognize, and a high performance team with a culture of the businessman,” said Gary Simanson, CEO of Coincheck Group in a statement.
In addition to being registered under AMF in France as a digital asset service provider. APLO is in the process of obtaining a full crypto service provider license under the European Union market in the regulation of crypto assets (Mica).
