Japanese Crypto Exchange Coincheck Targets US IPO via $1.3 Billion SPAC Merger With Thunder Bridge

Japanese Crypto Exchange Coincheck Targets US IPO via $1.3 Billion SPAC Merger With Thunder Bridge
Stock photo of the cryptocurrency Bitcoin. Dmitry Demidko/Unsplash
Benzinga
Updated:

Japanese crypto exchange Coincheck Inc. looks to go public in the U.S. via a special purpose acquisition company merger with Thunder Bridge Capital Partners IV Inc. in a $1.25 billion deal.

The transaction also includes an earn-out of up to 50 million shares.