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Thunder Bridge Capital Merges with Coincheck, Lists on Nasdaq

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Thunder Bridge Capital Merges with Coincheck, Lists on Nasdaq

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Thunder Bridge Capital Partners IV Inc ( (THCP) ) just unveiled an announcement.

Thunder Bridge Capital Partners IV, Inc. and Coincheck Group N.V. have completed their business combination, resulting in Coincheck’s ordinary shares and warrants being listed on Nasdaq under new ticker symbols ‘CNCK’ and ‘CNCKW.’ This merger signifies a significant milestone for Coincheck, as it looks to expand its influence in the global crypto and Web3 industries. The deal, approved on December 5, 2024, provided the combined entity with approximately $31.6 million in gross proceeds, and positions Coincheck as a prominent global player in the digital asset market.

More about Thunder Bridge Capital Partners IV Inc

Coincheck Group N.V. is a Dutch public limited liability company and a holding company of Coincheck, Inc., which operates the ‘Coincheck’ cryptocurrency trading service. It is a leading crypto asset exchange in Japan, recognized for having the most downloaded trading app in the country for five consecutive years. The company is focused on utilizing crypto assets and blockchain technology to facilitate easier exchanges of new value.

YTD Price Performance: 31.12%

Average Trading Volume: 89,799

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $127.1M

Find detailed analytics on THCP stock on TipRanks’ Stock Analysis page.

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