Metaplanet (3350) acquired Siiibo Securities, a Tokyo-based type I Financial Instruments Business Operator, in a deal valued at approximately 2.1 billion yen ($13.1 million), Japan’s bitcoin tax agency announced Friday.
Following the completion of the transaction, Siiibo Securities will become a wholly owned subsidiary, renamed Metaplanet Securities.
The acquisition marks the first major step in Metaplanet’s “Project Nova,” a long-term strategy aimed at building a bitcoin-focused financial ecosystem. The company, which holds 40,177 BTC ($2.6 billion) per May 31, sees bitcoin not only as a financial 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 supported more than 100 bond offerings for over 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, including 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 investors with new return-generating opportunities and strengthen its presence in Japan’s evolving digital asset market.
