Metaplanet completed its acquisition of Siiibo Securities for JPY 2.1 billion on July 13, 2026, and launched Metaplanet Securities as a regulated digital asset investment banking subsidiary. The acquisition enables Metaplanet to structure and distribute Bitcoin-backed financial products within Japan's capital markets under a Type I Financial Instruments Business Operator licence from the Financial Services Agency. The move represents Metaplanet's formal entry into regulated digital asset securities, transforming its Bitcoin treasury holdings into credit-enhancement collateral for bond and structured credit products through the newly announced Project Nova initiative.
The transaction closed on July 13, 2026, completing a deal first announced in June. Siiibo Securities was a Tokyo-based online corporate bond platform with an established investor network that had supported more than 40 companies and over 100 bond issuances, primarily through private placement corporate bonds and venture debt financing. Metaplanet immediately converted the brokerage into the operational center of its Bitcoin-backed securities strategy. Metaplanet Securities is positioned as a financial engineering business designed to structure and distribute securities products linked to digital assets within Japan's capital markets.
The subsidiary operates under a Type I Financial Instruments Business Operator licence regulated by the Financial Services Agency of Japan. The Type I licence covers the solicitation and distribution of securities, including structured products and bonds, giving Metaplanet Securities the legal authority to bring regulated Bitcoin-linked instruments to both institutional and retail investors.
Project Nova is the strategic initiative behind Metaplanet Securities. The plan uses Metaplanet's Bitcoin holdings as credit-enhancement collateral for digital corporate bonds and structured credit products. Bitcoin backs the credit quality of the instruments rather than being sold to fund them. The bonds and credit products under Project Nova would offer investors yen-denominated, regulated exposure to Bitcoin-backed yields, rather than direct cryptocurrency ownership.
As of July 10, 2026, Metaplanet held 43,000 BTC after purchasing 2,823 BTC during the second quarter. The company has set a target of 210,000 BTC by end of 2027. The Bitcoin treasury serves as the foundational collateral base for Project Nova, with larger holdings enabling greater credit-enhancement capacity across future bond issuances and structured products.
JPYC and Progmat are collaborating partners in Project Nova. Progmat provides security token infrastructure that allows corporate bonds to be issued, recorded, and transferred on a blockchain. JPYC contributes its yen-denominated stablecoin, which would serve as the settlement currency within the ecosystem. The combination targets continuous trading, near-instant settlement, and automated daily interest calculations.
In July, Metaplanet, Metaplanet Securities, JPYC, and Progmat launched a joint study to examine whether Bitcoin can formally serve as collateral or credit-enhancement asset for blockchain-based credit instruments. The study covers product design, settlement mechanics, regulatory compliance, investor protection frameworks, and technical requirements. No products are live, and no launch date, yield structure, product terms, or distribution plans have been approved. Any future offering requires internal sign-off and active engagement with Japanese regulators.
What did Metaplanet acquire on July 13, 2026?
Metaplanet completed the acquisition of Siiibo Securities for JPY 2.1 billion on July 13, 2026, and rebranded it as Metaplanet Securities. Siiibo Securities was a Tokyo-based online corporate bond platform with an established investor network that had supported more than 40 companies and over 100 bond issuances.
What regulatory licence does Metaplanet Securities operate under?
Metaplanet Securities operates under a Type I Financial Instruments Business Operator licence regulated by Japan's Financial Services Agency. The Type I licence covers the solicitation and distribution of securities, including structured products and bonds, giving the subsidiary legal authority to structure and distribute Bitcoin-linked instruments to institutional and retail investors.
How much Bitcoin does Metaplanet hold and what is its target?
As of July 10, 2026, Metaplanet held 43,000 BTC after purchasing 2,823 BTC during the second quarter. The company has set a target of 210,000 BTC by end of 2027. The Bitcoin treasury serves as credit-enhancement collateral for digital corporate bonds and structured credit products under Project Nova.
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