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 underneath “Challenge 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 offers Metaplanet one thing it has not held earlier than: a Kind I Monetary Devices Enterprise Operator registration, the license required underneath 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 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 observe information in Japan’s retail company bond area.
The strategic rationale for Metaplanet
Metaplanet held 40,177 BTC as of Could 31, 2026, with a internet asset worth of 457.6 billion yen, making it the third-largest company Bitcoin holder on this planet and the biggest 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 the US. Challenge Nova represents the following section: 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 era of monetary ecosystems,” Gerovich mentioned within the press launch. “Siiibo Securities’ Kind 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 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 the Siiibo platform.
Joint underwriting of bond and digital securities issuances is deliberate in collaboration with Metaplanet Ventures Inc., with a deal with enterprise firms in cryptocurrency and decentralized finance.
A pilot program for safety tokens and different digitized monetary devices is on the roadmap as properly.
Kazuki Komura, CEO of Siiibo Securities, mentioned the mixture would allow capital formation constructions not doable earlier than.
“By combining the strengths of each firms in finance, expertise, and neighborhood constructing, we consider we will create new types of capital formation and funding experiences,” Komura mentioned.
Metaplanet mentioned it’s going to fund the acquisition from money readily available and borrowings, with the choice to attract on Bitcoin-backed credit score amenities that carry an combination borrowing capability of as much as $500 million.
