Nasdaq-Listed Crypto Exchange Group Coincheck Buys Regulated Prime Broker Aplo
Japanese cryptocurrency exchange Coincheck, whose Netherlands-based holding company listed the trading platform on the Nasdaq last year (CNCK), has acquired Aplo, a digital asset prime brokerage firm regulated in France by the Autorité des Marchés Financiers (AMF).
The acquisition will help Coincheck, a popular exchange in Japan, expand into Europe, the companies said on Tuesday. The financial terms of the deal were not revealed.
Coincheck was established in Tokyo, Japan, in 2014, having rebranded from an earlier bitcoin wallet and payment company called ResuPress, founded in 2012 by Koichiro Wada and Yusuke Otsuka.
Coincheck Group N.V., which is headquartered in the Netherlands, listed on the Nasdaq late last year via a merger with…
