Crypto Exchange Coincheck To Debut Into Wallstreet With SPAC Merger

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The Japanese crypto exchange Coincheck is gearing up for a debut on Wallstreet through a Thunder Bridge Capital Partners IV, a SPAC (special purpose acquisition company) listed on NASDAQ. The proposed partnership aims at positioning Coincheck as a publicly listed entity on the Nasdaq Global Select Market. The merger is set to be finalised in the second/ third quarter subject to regulatory approvals. The decision to get a NASDAQ listing depicts the vision to widen its investor base and enhance its global presence.