Coincheck Group N.V. (NASDAQ:CNCK) and DFNS, a wallet infrastructure for institutional finance, have announced a partnership focused on digital asset wallet technology and custody services in Japan.

DFNS and Coincheck Group plan to collaborate on the deployment of DFNS’s technology to support Coincheck Group’s Japanese subsidiary, Coincheck, Inc., the Tokyo-based retail crypto asset exchange provider. This should enable Coincheck to support the development of secure, institutional-grade custody to Japanese financial institutions, compliant with regulatory requirements and the execution of definitive agreements.

This relationship with DFNS is designed to address the requirements of the…