“Can a Japan-regulated crypto exchange become the embedded fiat-to-crypto onramp for domestic web3 apps, IEOs, and NFT products?”
Coincheck began as a domestic Japanese crypto spot exchange and was thrust into global headlines by the 2018 NEM hack, after which Monex Group acquired the company and rebuilt its compliance posture. The company has since diversified beyond the core exchange into IEO, NFT marketplace, and — most recently — embedded B2B2C crypto infrastructure via Coincheck OnRamp, positioning itself as a Japan-regulated crypto rails provider for web3 apps and games.