Metaplanet Buys Siiibo Securities for $13 Million to Expand Bitcoin Offerings

The acquisition grants Metaplanet a securities license to launch BTC-linked bonds and security tokens under Project Nova. Metaplanet will acquire Siiibo Securities for JPY 2.1 billion ($13 million), securing a securities license and distribution platform. The deal supports

The acquisition grants Metaplanet a securities license to launch BTC-linked bonds and security tokens under Project Nova.

Metaplanet will acquire Siiibo Securities for JPY 2.1 billion ($13 million), securing a securities license and distribution platform. The deal supports its Project Nova strategy, which includes issuing Bitcoin-linked bonds and security tokens.

Metaplanet currently holds 40,177 BTC, making it the third-largest corporate Bitcoin holder globally. The acquisition follows its recent moves to expand Bitcoin-related financial products, aligning with its long-term crypto adoption strategy.

No immediate market reaction was reported following the announcement.

Leave a Reply

Your email address will not be published. Required fields are marked *