Coincheck's parent company, Monex Group, saw a 68% increase in revenue in the second quarter.

According to Nikkei News, Monex Group, the parent company of the Japanese cryptocurrency exchange Coincheck, today announced the results of payment sharing for the second quarter of 2020 (International Accounting Standards). According to the data, second-quarter revenue was 1.4 billion yen (about $ 13.327,000), up 68% from the same period last year. This is the result of high inflation in Japan and the United States. This resulted in lower income due to the fall in the crypto (virtual currency) market and the decline in US securities.