Nasdaq-listed Coincheck Group N.V., the parent of Japanese crypto asset exchange operator Coincheck, has formed a strategic partnership with Paris-based DFNS to develop a cryptocurrency custody service for Japanese financial institutions. The companies plan to integrate DFNS technology into Coincheck's Japan unit and launch the offering after it meets Japanese regulatory requirements and they sign a final agreement. DFNS's Wallet-as-a-Service platform manages private keys, transaction authorization and governance controls across more than 100 blockchains, with cloud and on-premises deployment options. The institutional initiative is separate from Coincheck's consumer wallet business, including the non-custodial au Coincheck Digital Assets venture launched in May by KDDI, au Financial Holdings and Coincheck. The partnership broadens Coincheck Group's focus beyond consumer exchange services as Japanese trust banks and other financial institutions explore digital assets, including stablecoins and tokenized securities.