Metaplanet, a Japan-focused company pursuing a Bitcoin-centric financial strategy, is set to acquire Siiibo Securities in a deal valued at about $13 million (about $13.1 million, as reported by one outlet). The acquisition is intended to give Metaplanet access to a regulated securities platform, enabling it to develop and offer Bitcoin-linked investment and yield products.
Multiple reports say Metaplanet plans to rename Siiibo Securities as “Metaplanet Securities” following the transaction. One source adds that the company expects the deal to close in July. The acquisition is also described as part of broader plans to build out Metaplanet’s Bitcoin-linked finance ecosystem, including a structured securities arm and related product development initiatives.
Together, the articles characterize the move as a step toward expanding Metaplanet’s regulated presence in Japan and advancing its Project Nova strategy for financial products tied to Bitcoin.
