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KDDI Acquires 14.9% Stake in Coincheck for $65 Million, Deal Expected to Close in June

Partnerships & Ecosystem Stocks

2026-05-13 12:12:40

Japanese telecommunications company KDDI will acquire a 14.9% stake in Nasdaq-listed crypto exchange Coincheck Group through a $65 million equity investment expected to close in June 2026. KDDI will purchase 28.5 million newly issued shares at $2.28 per share. The companies also signed a business alliance agreement covering customer referral programs, revenue-sharing initiatives, and digital asset distribution across KDDI's consumer ecosystem.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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