Metaplanet Announces Joint Study to Bring Bitcoin-Backed Digital Credit to Japan
Metaplanet is expanding its Bitcoin strategy beyond treasury accumulation by launching a joint study to explore tokenized, Bitcoin-backed credit products. The initiative aims to bring Bitcoin-backed digital credit to Japan and could reshape the country's debt market. The announcement was published by Bitcoin Magazine and written by Micah Zimmerman.
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The study pairs Metaplanet — holder of roughly 43,000 BTC — with yen-stablecoin issuer JPYC, security-token platform Progmat and newly acquired Siiibo Securities, with no issuance terms yet determined.
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