Monex Takes $67M Hit from Coincheck’s Nasdaq Debut Despite Crypto Boom

Japanese financial services firm Monex Group Inc. reported a third-quarter net loss of ¥9.9 billion ($67 million), primarily due to one-time expenses related to its cryptocurrency subsidiary Coincheck’s Nasdaq listing, even as its core businesses showed strong performance.Monex Posts ¥10B Loss on Coincheck Listing Costs The company recorded ¥17.1 billion in one-time expenses related to Coincheck Group N.V.’s December listing,…                

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