Metaplanet set to issue Bitcoin-related yield products directly to Japanese investors

Metaplanet is looking to tap into Japan’s yield market with Siibo Securities, targeting a $7.1 trillion pool of idle cash and deposits with Bitcoin. 

In a post on Friday, Metaplanet CEO Simon Gerovich announced the Japanese Bitcoin treasury firm has reached an agreement to buy 100% of Siiibo Securities, in a deal reportedly worth 2.1 billion yen or $13 million.

The acquisition is expected to close in July, after which the firm will be rebranded as Metaplanet Securities, Gerovich noted. 

Metaplanet targets $7.1 trillion of idle funds with BTC yield

Siibo acquisition is geared toward Metaplanet’s plan to launch and distribute Bitcoin-related yield products directly to Japanese investors. 

As of 2025, Japanese households held roughly $7.1 trillion in cash, deposits, and low-yield products. Gerovich said these funds are currently in search of yields, as the economy shifts from a multi-decade period of deflation to inflation. 

“The significance is hard to overstate,” the Metaplanet CEO said. 

Siibo holds a Type I securities license from Japan’s Financial Services Agency, with Gerovich saying the firm is “a pioneer of Japan’s online corporate bond market.” That license gives the holder authority to deal in securities, broker transactions, and underwrite offerings.

“By bringing Siiibo’s Type I registration and online securities platform into the group, we will develop and distribute Bitcoin-related yield products directly to Japanese investors,” Gerovich added.

The offerings will be backed by Metaplanet’s 40,177 BTC treasury, the largest in Asia and third-largest globally, according to Bitcoin Treasuries. 

Metaplanet bets big on Japan’s Bitcoin ecosystem

Siibo marks the first major acquisition by Metaplanet under its Project Nova strategy to build a Bitcoin-centric financial ecosystem in Japan.

Earlier in March, the company also announced plans to invest roughly ¥4 billion, or about $25 million, in the country’s Bitcoin infrastructure startups. Cryptopolitan reported that the extends to startup funding, a founder incubator in Japan, and grants, all funded via proceeds from Metaplanet’s Bitcoin business. 

Meanwhile, Metaplanet’s Bitcoin holdings are not doing so great lately, with Bitcoin price down over 20% YTD and over 40% in the last year. 

In February, Metaplanet reported a 738% revenue growth in FY2025. However, it ended with ¥95 billion (about $619 million) in net loss.

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