Coincheck, one of Japan's oldest crypto exchanges, has become publicly listed on the U.S. stock market, Nasdaq. The exchange went live on Wednesday through a SPAC deal and is now known as "CNCK." Coincheck was acquired by Monex Group after a massive hack in 2018. The listing on Nasdaq was made possible by a $1.3 billion SPAC deal with Thunder Bridge Capital Partners IV. Coincheck plans to expand its cryptocurrency business through global recruitment, acquisitions, and alliances. While some congratulate the exchange, others believe talent is leaving Japan due to high crypto taxes and complain about high fees on the platform.



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