Metaplanet has rebranded Siiibo Securities to offer Bitcoin-backed securities in Japan, marking a significant shift in its investment strategy.
This acquisition, completed on July 13, 2026, expands Metaplanet's focus from treasuries to regulated Bitcoin credit products, aiming to attract Japanese investors with digital credit instruments backed by actual BTC collateral.
With the acquisition, the firm now holds over 43,000 BTC, further solidifying its position as one of Asia's largest corporate Bitcoin holders, having added 2,823 BTC in its latest purchase. The market has reacted positively, pushing Metaplanet's stock (MTPLF) to a three-week high of $1.58 as investor interest surged.
The newly formed Metaplanet Securities will explore various offerings, including Bitcoin-backed credit products and security tokens, in collaboration with partners like JPYC and Progmat, who are also interested in digital corporate bonds.
According to industry analysts, while there is potential for strong growth in Bitcoin-backed lending, caution is advised due to inherent market and funding risks associated with leveraged strategies.
In recent developments, crypto-backed loans have already reached $67 billion, indicating a growing trend in Bitcoin lending as mainstream adoption continues. This growth follows a report from Silicon Valley Bank highlighting the evolution of BTC lending post the 2022 crypto credit collapse.
This material is for informational purposes only and does not constitute financial advice.
