Metaplanet Acquires Siiibo Securities for $13M to Launch Bitcoin Yield Products in Japan
What happened: Metaplanet announced the acquisition of Siiibo Securities for ¥2.
What happened: Metaplanet announced the acquisition of Siiibo Securities for ¥2.1 billion (~$13.1 million), with plans to rebrand as Metaplanet Securities Inc. Siiibo holds a Type I Financial Instruments Business Operator license, enabling Metaplanet to offer Bitcoin-backed bonds and yield-generating securities in Japan. The deal is set to close in July 2026 and marks the first phase of Metaplanet’s "Project Nova" strategy.
Why it matters: With Japan’s household cash and deposits totaling $7.4 trillion, Metaplanet is targeting a vast pool of capital as the country transitions from deflation to inflation. The acquisition positions Metaplanet to become a major player in regulated crypto yield products, though execution risks remain given Japan’s cautious regulatory stance. Metaplanet’s 40,177 BTC treasury (worth ~$2.5–2.6 billion) underscores its commitment to a Bitcoin-centric financial ecosystem.
Source: Decrypt