Metaplanet to Launch Bitcoin Yield Products by Acquiring Siiibo Securities
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The third-largest corporate holder of bitcoin has agreed to acquire Siiibo Securities, a licensed Type I securities company and pioneer of Japan's online corporate bond market, with closing expected in July and a planned rebrand to Metaplanet Securities. The acquisition signals a strategic push into regulated securities and crypto adoption that could expand the company's bitcoin treasury services and boost institutional integration in Japan's market.
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The third-largest corporate holder of bitcoin has made another move to strengthen its cryptocurrency presence by agreeing to acquire Siiibo Securities, a licensed Type I securities company and a “pioneer of Japan’s online corporate bond market.”
The closing is expected in July, and Siiibo will be officially renamed to Metaplanet Securities, said Simon Gerovich, the CEO of the bitcoin treasury company.
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