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Metaplanet surges over 12% on Bitcoin-backed yield product plans
Metaplanet stock surged 12% after announcing a $13M acquisition of Siiibo Securities to launch Bitcoin-backed yield products targeting Japan's $7.4T savings
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theblock.co
Metaplanet to acquire Siiibo Securities for $13 million to develop bitcoin-linked yield products
Metaplanet CEO Simon Gerovich said the deal is expected to close in July, and the company plans to rename the business Metaplanet Securities.
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cryptobriefing.com
Metaplanet to buy Siiibo Securities to build Bitcoin yield business
Metaplanet is acquiring Siiibo Securities for $13M to build Bitcoin-linked yield products, marking its first M&A under 'Project Nova.'
