Coincheck adds support for DAO trading

Coincheck has recently announced the support for trading tokens related to The DAO.

The DAO is a Decentralized Autonomous Organization (“DAO”) leverages smart contracts on the Ethereum blockchain to enable anyone, anywhere in the world to create their own autonomous organization.

Coincheck joins the list of cryptocurrency exchanges, including Poloniex, BTC Markets, Kraken, that have recently announced their support for trading of The DAO tokens driven by the success of the crowdfunding efforts.

“There were many existing customers that demanded support for The DAO, which prompt us to implement DAO Tokens wallet and buying/selling features,” said Kagayaki Kawabata, Business Development Lead at Coincheck.

Coincheck is a Japan-based bitcoin exchange.