Coincheck and KDDI Establish New Company to Launch Non-Custodial Wallet Services

Coincheck Inc. has concluded a business alliance with KDDI and au Financial Holdings to establish a new joint venture, "au Coincheck Digital Assets Co., Ltd." The company will focus on developing a non-custodial wallet integrated as a mini-app within the au PAY platform. By combining KDDI's extensive 39.67 million user base with Coincheck's expertise in crypto assets, the alliance aims to lower the barrier for digital asset adoption. The new entity will facilitate seamless storage and daily use of stablecoins and cryptocurrencies within the au economy, starting with account opening campaigns for au users.