- Metaplanet is entering regulated financial services via Metaplanet Securities.
- The company paid about ¥2.1 billion (roughly $13 million) for Siiibo Securities.
- Metaplanet is now licensed to sell securities, structure bonds, and market products.
Japanese Bitcoin treasury company Metaplanet has officially completed its acquisition of Siiibo Securities. Rather than simply holding Bitcoin like many corporate treasury companies, Metaplanet is now expanding into regulated financial services with the launch of Metaplanet Securities.
This represents a notable development because the deal turns Metaplanet into a licensed securities firm that can offer regulated financial products and build an entire Bitcoin‑powered financial ecosystem in Japan.
Siiibo has worked with more than 40 companies and handled over 100 bond issuances, mostly via private placement corporate bonds and venture debt.
The acquisition, first announced in June, officially closed on July 13. Metaplanet paid about ¥2.1 billion (roughly $13 million) for Siiibo, now renamed Metaplanet Securities. The new subsidiary holds a Type I Financial Instruments Business Operator license and serves as Metaplanet’s regulated finance unit.
A Type I Financial Instruments Business Operator license lets companies in Japan sell securities, structure investment products, offer bonds, and market financial products. In other words, Metaplanet can now legally offer Bitcoin‑linked products under Japan’s regulatory framework.
While no announcements have been made yet, this could pave the way for Bitcoin‑backed bonds, structured products, BTC yield offerings, tokenized securities, and institutional investment products.
Metaplanet’s Project Nova
The company labeled the launch as the next phase of Project Nova, Metaplanet’s long‑term plan to build financial services around Bitcoin.
Related: Metaplanet to Rebrand Shibo Securities as Metaplanet Securities
Instead of just stacking BTC, the company wants to create products that use Bitcoin as collateral for regulated financial instruments. Yen stablecoin issuer JPYC and digital asset issuance and management platform Progmat are also collaborating on parts of Metaplanet’s planned Bitcoin-backed digital credit ecosystem.
Just last week, they made an ongoing joint study in which Bitcoin will be used as collateral and a credit booster, with the yen‑pegged stablecoin JPYC handling settlements and payments, while security tokens will manage holder rights.
As for Metaplanet’s other plans, the company is aiming to acquire 210,000 Bitcoin by the end of 2027 and 100,000 BTC by the end of 2026. At the moment, it holds approximately 43,000 BTC, cementing its position as Asia’s biggest corporate Bitcoin holder and third largest in the world.
Related: Metaplanet Researches Bitcoin-Backed Digital Credit in Japan
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
