PANews reported on February 12th, citing Business Wire , that Coincheck Group , a Japanese cryptocurrency exchange and Nasdaq-listed company, announced its third-quarter results for the fiscal year ending March 2026 : total revenue increased by 17% year-on-year to approximately ¥ 143.5 billion (approximately US$ 915 million), and by 8% quarter-on-quarter; gross profit decreased by 20% year-on-year to approximately ¥ 3.833 billion due to a decline in trading volume. Marketplace trading volume decreased by 25% year-on-year to approximately ¥87.7 billion, and customer assets decreased by 17% year-on-year to approximately ¥ 948.5 billion, but net profit turned from a loss of approximately ¥ 15.445 billion in the same period last year to a profit of ¥ 405 million. The company also announced that CEO Gary Simanson will step down on March 31st , and will be succeeded by current Chief Growth Officer and 3iQ CEO Pascal St-Jean, effective April 1st .
Coincheck's Q3 revenue increased by 17% year-on-year; the CEO will hand over the reins to the head of 3iQ at the end of the fiscal year.
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