Metaplanet to Acquire Securities Firm for $13M to Expand Bitcoin-Linked Products

Metaplanet, often described as a MicroStrategy-like firm in Japan, has agreed to acquire Siiibo Securities for approximately ¥2.1 billion ($13 million), marking its entry into the regulated securities sector.

The acquisition provides Metaplanet with a securities license along with access to a distribution platform, strengthening its ability to execute its “Project Nova” strategy. With these capabilities in place, the company plans to roll out Bitcoin-linked bonds, security tokens, and other Bitcoin-related financial products.

This move also aligns with Metaplanet’s ongoing accumulation of Bitcoin, with its holdings now totaling 40,177 BTC. That position places the company as the third-largest corporate holder of Bitcoin worldwide.

Source: Metaplanet