Coincheck Group Announces Completion of KDDI Strategic Investment

Coincheck Group N.V. has announced the completion of a strategic investment by KDDI Corporation. KDDI has acquired 28,536,516 newly issued ordinary shares of Coincheck Group at $2.28 per share, totaling $65,063,256.48, which represents a 14.9% ownership stake. This investment was made pursuant to a Share Subscription and Investor Rights Agreement dated May 12, 2026. KDDI will receive registration rights for the shares and has the right to nominate a non-executive director to Coincheck Group's board. Additionally, Coincheck Group's subsidiary, Coincheck, Inc., has entered into a business alliance agreement with KDDI to expand the digital asset market in Japan through customer referral programs and revenue sharing. The collaboration aims to leverage KDDI's distribution network and customer base with Coincheck's crypto asset platform to simplify onboarding, increase mainstream access to digital assets, and promote use cases within KDDI's ecosystem. Coincheck Group was advised by J.P. Morgan as financial advisor and De Brauw Blackstone Westbroek and Simpson Thacher & Bartlett LLP as legal counsel.