PartnershipMay 12, 2026, 08:56 AM
Coincheck Group Partners with KDDI, KDDI to Take 14.9% Stake for $65M
AI Summary
Coincheck Group N.V. reported its financial results for the fourth quarter and full fiscal year ended March 31, 2026, alongside announcing a strategic partnership with KDDI Corporation. KDDI will acquire a 14.9% ownership interest in Coincheck Group for $65 million and enter a business alliance to expand the digital asset market in Japan. While full-year total revenue increased 25% to $3,019 million, the company posted a Q4 net loss of $7.6 million, driven by a decline in Marketplace Trading Volume and increased expenses.
Key Highlights
- KDDI Corporation to acquire 14.9% ownership in Coincheck Group for $65 million cash.
- Q4 FY26 total revenue increased 4% to $752 million; full year revenue rose 25% to $3,019 million.
- Q4 FY26 Adjusted Revenue decreased 18% to $18 million; full year Adjusted Revenue fell 3% to $82 million.
- Q4 FY26 net loss was $7.6 million, swinging from a $4.0 million net profit in Q4 FY25.
- Full year FY26 net loss significantly improved to $11.4 million from $90.2 million in FY25.
- Verified Accounts increased 10% to 2,527,772 as of March 31, 2026.
- Customer Assets decreased 15% to $4,577 million due to crypto market price declines.
- Acquired 99.8% of 3iQ Corp. on February 28, 2026, and 3iQ partnered with Scotiabank for a multi-crypto ETF.