Metaplanet (3350) has acquired Siiibo Securities, a Tokyo-based type I financial instrument trading operator, in a deal valued at approximately 2.1 billion yen ($13.1 million), the Japanese bitcoin treasury company announced on Friday.
Upon completion of the transaction, Siiibo Securities will become a wholly owned subsidiary and will be renamed Metaplanet Securities.
The acquisition marks the first major step in Metaplanet’s “Project Nova,” a long-term strategy aimed at building a bitcoin-centric financial ecosystem. The company, which holds 40,177 BTC ($2.6 billion) as of May 31, views bitcoin not only as a treasury asset but also as the basis for a new generation of financial products and services.
Siiibo Securities specializes in the issuance and distribution of corporate bonds through an online platform and has underwritten more than 100 bond offerings for more than 40 companies. Metaplanet believes the firm’s regulatory licenses, client base and securities expertise complement its ambitions in digital assets and tokenized finance.
The companies expect synergies that include the development of bitcoin-linked investment products, expanded securities distribution capabilities, and the creation of tokenized financial instruments. Metaplanet also plans to leverage Siiibo’s platform to provide new return-generating opportunities to investors and strengthen its presence in Japan’s evolving digital asset market.
