Cryptocurrency Firm Coincheck Plans to Conduct Japans First IEO

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Coincheck, a Tokyo-based cryptocurrency services provider, today announced that the company is planning to conduct an initial exchange offering (IEO) of Hashpalette this summer. Coincheck initially partnered with Hashpalette in August 2020 as a part of the companys plan to enter the IEO business.

According to an official announcement, the IEO business has gained significant attention in the last few years due to a jump in the adoption of cryptocurrency assets. Coincheck aims to expand its crypto services in the future.

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