Metaplanet to form securities arm through Siiibo acquisition

Written by Ezra Reguerrastaff writerReviewed by Yohan Yunstaff writerWritten by Ezra Reguerrastaff writerReviewed by Yohan Yunstaff writerMetaplanet to form securities arm through Siiibo acquisitionLatest NewsPublishedJun 12, 2026Metaplanet will acquire Siiibo Securities and rename it Metaplanet Securities as it builds out Project Nova, its Bitcoin-centric finance strategy in Japan.Metaplanet announced on Friday that it has agreed to acquire Siiibo Securities in a 2.1 billion yen ($13.1 million) deal to form a securities arm. The Tokyo-listed Bitcoin (BTC) treasury company said it entered into a share transfer agreement to acquire 100% of the Japanese securities company, a licensed financial instruments business operator. After closing, expected in July, Siiibo Securities will become a wholly owned subsidiary and be renamed Metaplanet Securities.Metaplanet CEO Simon Gerovich said the acquisition is the first step in Project Nova, the company's strategy to build a Bitcoin-centric financial ecosystem in Japan. “We will develop and distribute Bitcoin-related yield products directly to Japanese investors, supported by the 40,177 BTC on our balance sheet,” he wrote. The company said Siiibo's licensing, corporate bond platform and customer base would allow Metaplanet to develop income-oriented products like BTC-linked bonds, while giving it direct access to investors seeking yield in Japan. Metaplanet's Bitcoin stash has a net asset value of 457.6 billion yen (about $2.8 billion), making it the largest publicly listed BTC holder in Japan and the third-largest in the world, according to data tracker Bitcoin Treasuries.Metaplanet’s Bitcoin treasury holdings. Source: Bitcoin TreasuriesJapanese firms prepare for crypto’s move into finance Metaplanet’s securities push adds it to a growing list of Japanese financial and crypto firms positioning themselves ahead of a regulatory shift that could bring digital assets closer to the country’s traditional financial markets.Japan’s…

Metaplanet to form securities arm through Siiibo acquisition

Coins in this story

Related stories

XRP sentiment falls to 8-month low, and that has been a buy signal before

Metaplanet Acquires Japanese Securities Firm for $13M to Launch Bitcoin Yield Products

CoinDesk 20 performance update: Ethereum (ETH) falls 1% as index trades lower