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Metaplanet Buys Siiibo Securities to Expand Into Securities Design and Sales

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2026-07-27 15:23:39
Metaplanet, a Japanese listed company, has acquired Siiibo Securities, which holds a Type I financial instruments business license and is approved to design and sell securities in Japan. According to Odaily, research firm Benchmark said the roughly 2.1 billion yen acquisition, about $13 million, is widely seen as a small-scale expansion, but Metaplanet plans to use it to issue Bitcoin-backed bonds called Bitbonds with annual yields of about 4% to 6%. The company also plans to move the bonds onchain, settle them with stablecoins, and gradually build a secondary market.
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