By Daniella Parra

Japanese cryptocurrency exchange Coincheck Group began trading on Nasdaq under the ticker “CNCK” following a merger with a SPAC called Thunder Bridge Capital Partners IV, Inc.

Coincheck Japan has been the country’s most downloaded trading app for five consecutive years, it said.

“The completion of our business combination with Thunder Bridge IV marks an extraordinary milestone for Coincheck,” said Oki Matsumoto, Executive Chairman of Coincheck. “Coincheck was created through the fusion of a robust business foundation built in Japan, combined with the strengths of the U.S. capital markets through the close collaboration of exceptional business and capital markets talent in both Japan and the U.S.”

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