Metaplanet has signed a deal to acquire 100% of Siiibo Securities, a licensed Type I securities firm in Japan. After the deal closes, expected in July, Siiibo will change its name to Metaplanet Securities.
This is Metaplanet’s first major acquisition and the first concrete step in its long-term strategy called Project Nova. The company describes Project Nova as a plan to build a Bitcoin-centric financial ecosystem in Japan that links traditional finance with digital assets. It aims to use Bitcoin as the core asset for new investment and infrastructure services.
Siiibo is known as a pioneer in Japan’s online corporate bond market. It already holds a valuable Type I securities license. By bringing Siiibo into the group, Metaplanet gains regulatory approval.
It also gains a working online platform for issuing and selling securities. The company plans to use this setup to design new Bitcoin-linked financial products. It also plans to sell those Bitcoin-linked products to investors.
Tapping Japan’s Trillions in Idle Cash
Japanese households and companies sit on huge pools of low-yield money, with estimates putting cash and deposits at around 7 to 7.6 trillion dollars. As Japan shifts from years of deflation to rising prices, capital has begun to seek higher returns. Metaplanet says it wants to redirect a slice of this idle wealth into yield-bearing products connected to Bitcoin.
Metaplanet has been building a large Bitcoin position of its own over the past few years. The Tokyo-listed firm now holds about 40,177 BTC, making it Asia’s largest corporate Bitcoin holder and the world’s third-largest public Bitcoin treasury. It plans to use this balance sheet as backing for new Bitcoin-related yield products that it can offer through Metaplanet Securities.
The company has said it has “great respect for Kazuki Komura and the team at Siiibo Securities and what they have built.” The company also stated that, together as Metaplanet Securities, they “will bring new yield opportunities to Japan.” The plan includes creating income-focused products such as Bitcoin-linked bonds and, over time, other digital securities.
The acquisition is set to close in mid-July, pending final procedures, with full integration expected by late summer. Once that process ends, Metaplanet will control both a large Bitcoin treasury and a licensed securities arm in Japan. The company says this combined structure will allow it to design, issue, and sell Bitcoin-based financial products directly to Japanese investors under local rules.
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