Metaplanet, the Tokyo-listed company that has essentially become Japan’s answer to MicroStrategy, is about to add “securities firm” to its resume. The company will finalize its acquisition of Siiibo Securities on July 13, rebranding it as Metaplanet Securities Inc. and creating what amounts to a Bitcoin-native brokerage inside one of the world’s most tightly regulated financial markets.
The deal is valued at approximately 2.1 billion yen, or roughly $13.1 million, for full ownership of Siiibo. For that price, Metaplanet gets something money can’t easily buy in Japan: a Type I Financial Instruments Business Operator license. That’s the regulatory golden ticket required to distribute investment products to the public in the country.
From Bitcoin treasury to Bitcoin bank
The company calls this initiative “Project Nova.” The goal is straightforward, even if the execution is anything but: create Bitcoin-linked investment products and sell them to Japanese investors through a fully regulated platform.
Planned offerings include yield-focused Bitcoin products, BTC-linked bonds, and tokenized securities. These would be distributed through the online securities infrastructure that comes with the Siiibo acquisition, targeting Metaplanet’s roughly 250,000 existing shareholders as an initial customer base.
