Written by Ezra Reguerrastaff writerReviewed by Yohan Yunstaff writer
Written by Ezra Reguerrastaff writer
Reviewed by Yohan Yunstaff writer
Metaplanet to form securities arm through Siiibo acquisition
Latest NewsPublishedJun 12, 2026
Metaplanet will acquire Siiibo Securities and rename it Metaplanet Securities as it builds out Project Nova, its Bitcoin-centric finance strategy in Japan.
Metaplanet revealed on Friday that it has agreed to acquire Siiibo Securities in a 2.1 billion yen ($13.1 million) deal to form a securities arm.
The Tokyo-listed Bitcoin (BTC) treasury company stated it entered into a share transfer agreement to acquire 100% of the Japanese securities company, a licensed financial instruments business operator. After closing, expected in July, Siiibo Securities will become a wholly owned subsidiary and be renamed Metaplanet Securities.
Metaplanet CEO Simon Gerovich stated the acquisition is the first step in Project Nova, the company’s strategy to build a Bitcoin-centric financial ecosystem in Japan.
“We will develop and distribute Bitcoin-related yield products directly to Japanese investors, supported by the 40,177 BTC on our balance sheet,” he wrote.
The company stated Siiibo’s licensing, corporate bond platform and customer base would allow Metaplanet to develop income-oriented products like BTC-linked bonds, while giving it direct access to investors seeking yield in Japan.
Metaplanet’s Bitcoin stash has a net asset value of 457.6 billion yen (about $2.8 billion), making it the largest publicly listed BTC holder in Japan and the third-largest in the world, as reported by data tracker Bitcoin Treasuries.
Metaplanet’s Bitcoin treasury holdings. Source: Bitcoin Treasuries
Japanese firms prepare for crypto’s move into finance
Metaplanet’s securities push adds it to a growing list of Japanese financial and crypto firms positioning themselves ahead of a regulatory shift that could bring digital assets closer to the country’s traditional financial markets.
Japan’s Lower House reportedly passed a bill on Thursday that would bring crypto assets under the country’s financial instruments framework, potentially opening a path to crypto exchange-traded funds and more favorable tax treatment for digital assets.
Related: Japan approves bill to classify crypto as financial instruments
Japan’s market infrastructure firms are also testing how digital assets could fit into existing capital markets. In April, the Japan Securities Clearing Corporation, part of Japan Exchange Group, stated it would launch a proof of concept with Mizuho, Nomura and Digital Asset to test the utilize of Japanese government bonds as digital collateral on the Canton Network.
SBI Shinsei Bank is reportedly preparing a deposit-linked crypto rewards service that would allow customers to receive vouchers redeemable for Bitcoin, Ether or XRP through SBI VC Trade. SBI’s broader group has also been expanding across crypto exchange services, stablecoin lending and planned securities products, including investment trusts and ETFs tied to crypto assets.
Magazine: Does ‘Paper Bitcoin’ mean there’s an unlimited supply of BTC?
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
- Japan
- Security
- Policy
- Finance
- Bitcoin
More on the subject
Bitcoin’s ‘calm top’ challenges most market bottom estimates: Research
16 hours ago
Biraajmaan Tamuly
Bitcoin surfs SpaceX IPO at $64K as trader warns key BTC price support may crumble
Jun 12, 2026
William Suberg
Bitcoin miner ‘capitulation’ comes as trader sees later 2026 bear-market bottom
Jun 12, 2026
William Suberg
Bitcoin’s ‘calm top’ challenges most market bottom estimates: Research
16 hours ago
Biraajmaan Tamuly
Bitcoin surfs SpaceX IPO at $64K as trader warns key BTC price support may crumble
Jun 12, 2026
William Suberg
Bitcoin miner ‘capitulation’ comes as trader sees later 2026 bear-market bottom
Jun 12, 2026
William Suberg
