Metaplanet Inc., Japan’s largest company Bitcoin holder, has entered into an settlement to accumulate 100% of Siiibo Securities Co., Ltd. in a deal valued at roughly 2.1 billion yen, or roughly $13.1 million, the Tokyo-listed firm announced on Friday, June 12.
The acquisition, anticipated to shut on July 13, 2026, marks the primary main transaction beneath “Undertaking Nova” — Metaplanet’s medium- to long-term technique to construct a Bitcoin-centric financial platform in Japan. Following the shut, Siiibo Securities shall be renamed Metaplanet Securities Inc.
The deal offers Metaplanet one thing it has not held earlier than: a Sort I Monetary Devices Enterprise Operator registration, the license required beneath Japanese regulation to construction and distribute monetary merchandise to retail traders.
That regulatory standing, mixed with Siiibo’s present buyer base and on-line platform, positions the group to start providing Bitcoin-linked funding merchandise to particular person Japanese traders.
Siiibo Securities was based in January 2019 and operates an internet platform for personal placement company bonds — a market phase as soon as reserved for institutional traders and high-net-worth people.
The corporate has backed greater than 40 issuers and facilitated over 100 bond choices, constructing one of many largest monitor data in Japan’s retail company bond house.
The strategic rationale for Metaplanet
Metaplanet held 40,177 BTC as of Might 31, 2026, with a web asset worth of 457.6 billion yen, making it the third-largest corporate Bitcoin holder on the planet and the most important in Asia.
The corporate has spent the previous two years accumulating Bitcoin as a treasury reserve asset, a method that has drawn comparisons to Technique in america. Undertaking Nova represents the following part: changing that treasury into the spine of a monetary companies enterprise.
Simon Gerovich, Metaplanet’s President and CEO, framed the acquisition as a structural shift.
“We view Bitcoin not as a treasury reserve asset, however as the muse of the following technology of monetary ecosystems,” Gerovich mentioned within the press launch. “Siiibo Securities’ Sort I Monetary Devices Enterprise registration, company bond platform, and established buyer base give us the instruments to make that imaginative and prescient actual.”
Metaplanet outlined 4 core synergies it expects from the deal. The corporate plans to distribute Siiibo’s present bond merchandise to its shareholder base of roughly 250,000 traders. It additionally intends to develop BTC-linked monetary merchandise — together with BTC-linked bonds — for distribution via the Siiibo platform.
Joint underwriting of bond and digital securities issuances is deliberate in collaboration with Metaplanet Ventures Inc., with a give attention to enterprise corporations in cryptocurrency and decentralized finance.
A pilot program for safety tokens and different digitized monetary devices is on the roadmap as effectively.
Kazuki Komura, CEO of Siiibo Securities, mentioned the mixture would allow capital formation buildings not attainable earlier than.
“By combining the strengths of each corporations in finance, know-how, and neighborhood constructing, we consider we will create new types of capital formation and funding experiences,” Komura mentioned.
Metaplanet mentioned it can fund the acquisition from money readily available and borrowings, with the choice to attract on Bitcoin-backed credit score services that carry an combination borrowing capability of as much as $500 million.
