Monex’s Coincheck to add Dai and Maker to offering
Coincheck, Inc., a subsidiary of Monex Group, Inc., today announced that it will start listing Dai (DAI) and Maker (MKR) from June 20, 2023.
Dai and Maker may appear on the service screen prior to the launch, but no transactions can be made. Information about the start of the service will be announced via Twitter (@coincheckjp) and other channels.
Dai (DAI) is a crypto-asset-backed stablecoin designed to have its price linked to 1 DAI = 1 U.S. dollar. It has the distinguished feature of being operated by a DAO (decentralized autonomous organization), thus establishing its unique position as a decentralized stablecoin.
Maker (MKR) is the governance token for MakerDAO, which issues and manages Dai (DAI). It can be used to manage the system and vote on policy making; it is a currency with growing expectations in conjunction with increasing DAI use cases and transaction amounts.