Coincheck Group N.V. ("Coincheck Group" or the "Company"), a Dutch public limited liability company providing digital asset trade execution, custody, staking, and asset management services, and DFNS, a wallet infrastructure provider for institutional finance, have announced the signing of a strategic partnership focused on digital asset wallet technology and custody services in Japan.

Under the partnership, DFNS and Coincheck Group plan to collaborate on deploying DFNS's technology to support Coincheck Group's Japanese subsidiary, Coincheck, Inc., the Tokyo-based retail crypto asset exchange provider. The arrangement is intended to enable Coincheck to support the development of secure, institutional-grade custody for Japanese financial institutions, compliant with regulatory requirements and subject to the execution of definitive agreements.

The relationship with DFNS is designed to address the Company's institutional expansion needs with a platform built for institutional-scale digital asset operations. Coincheck Group became a publicly listed company on the Nasdaq in December 2024, and the partnership signals a broadening of its business beyond retail exchange services toward institutional infrastructure.

DFNS's wallet-as-a-service platform consolidates transaction lifecycle management, workflow orchestration, policy and governance controls, key management, and third-party service integration into a single secure control plane. The platform supports more than 100 blockchain networks and offers flexible deployment across SaaS, hybrid, and on-premises configurations with native HSM support — a critical requirement for operating across regulatory regimes that increasingly demand jurisdictional control over key material.

Japan has established one of the world's leading regulatory frameworks for digital assets, with trust banks playing a central role in the institutional custody landscape. Japan's crypto exchanges have operated under a licensing regime overseen by the Financial Services Agency since the Payment Services Act amendments that took effect in 2020, a framework widely regarded as among the strictest for consumer protection. As demand from Japanese financial institutions for compliant, secure, institutional-grade digital asset services continues to grow, the Coincheck–DFNS collaboration intends to deliver custody infrastructure aligned with the requirements of financial institutions in the Japanese market. Whether the partnership proceeds to definitive agreements and commercial rollout will be a key milestone to watch.

"Coincheck Group has forged trust with Japanese retail customers over the last decade and extending that into institutional services requires building a different class of custody infrastructure," said Pascal St-Jean, CEO of Coincheck Group. "DFNS's wallet technology and institutional expertise enhance our existing capabilities."

Clarisse Hagège, CEO of DFNS, added: "Japan represents one of the most sophisticated and well-regulated digital asset markets in the world, and its trust banks set a high bar for institutional custody globally. We are pleased to work alongside Coincheck Group as it extends its leadership into institutional services and to bring our wallet infrastructure to the Japanese market."