Metaplanet Inc., Japan’s largest company Bitcoin holder, has entered into an settlement to amass 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 introduced on Friday, June 12.
The acquisition, anticipated to shut on July 13, 2026, marks the primary main transaction beneath “Project Nova” — Metaplanet’s medium- to long-term technique to construct a Bitcoin-centric monetary platform in Japan. Following the shut, Siiibo Securities will likely be renamed Metaplanet Securities Inc.
The deal provides Metaplanet one thing it has not held earlier than: a Kind I Monetary Instruments Enterprise Operator registration, the license required beneath Japanese legislation to construction and distribute monetary merchandise to retail traders.
That regulatory standing, mixed with Siiibo’s current 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 a web based platform for personal placement company bonds — a market section 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 information in Japan’s retail company bond house.
The strategic rationale for Metaplanet
Metaplanet held 40,177 BTC as of Might 31, 2026, with a internet asset worth of 457.6 billion yen, making it the third-largest company Bitcoin holder on the earth and the most important in Asia.
The corporate has spent the previous two years accumulating Bitcoin as a treasury reserve asset, a technique that has drawn comparisons to Technique in america. Challenge Nova represents the subsequent section: changing that treasury into the spine of a monetary providers enterprise.
Simon Gerovich, Metaplanet’s President and CEO, framed the acquisition as a structural shift.
“We view Bitcoin not as a treasury reserve asset, but as the foundation of the next generation of financial ecosystems,” Gerovich mentioned within the press launch. “Siiibo Securities’ Type I Financial Instruments Business registration, corporate bond platform, and established customer base give us the tools to make that vision real.”
Metaplanet outlined 4 core synergies it expects from the deal. The corporate plans to distribute Siiibo’s current 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 by means of the Siiibo platform.
Joint underwriting of bond and digital securities issuances is deliberate in collaboration with Metaplanet Ventures Inc., with a concentrate on enterprise firms 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 constructions not potential earlier than.
“By combining the strengths of both companies in finance, technology, and community building, we believe we can create new forms of capital formation and investment experiences,” Komura mentioned.
Metaplanet mentioned it’ll fund the acquisition from money readily available and borrowings, with the choice to attract on Bitcoin-backed credit score amenities that carry an mixture borrowing capability of as much as $500 million.
