Japanese cryptocurrency exchange Coincheck plans on launching an initial exchange offering (IEO) platform. Coincheck is planning on launching an initial exchange offering (IEO) platform to raise funds through utility tokens. Coincheck initial exchange offering. Coincheck is a Japanese cryptocurrency firm that was founded back in 2012 and later on acquired by the Monex Group is 2018. The Monex Group is a financial service providing firm based also based in Japan. According to local sources Coincheck hinted at establishing its own IEO platform in a recent announcement. Coincheck is stated to be researching in fundraising opportunities based on utility tokens. Through