Metaplanet’s board approved the establishment of Metaplanet Asset Management Asia Limited, a wholly owned Hong Kong subsidiary with $1 million in planned starting capital. The unit is expected to complete formal registration in Hong Kong by September 2026 and will be led by founding directors Simon Gerovich, Darren Winia and Kelvin Lee. Its mandate covers Bitcoin, listed equities, preferred securities, credit instruments, derivatives and structured investment vehicles during Asian trading hours, complementing Metaplanet Asset Management’s Miami operation, which began operating in March 2026. The Hong Kong entity is part of Project Nova, Metaplanet’s plan to build asset-management, securities, capital-markets and Bitcoin-collateralized credit businesses around its treasury. Metaplanet holds 43,000 BTC after acquiring 2,823 BTC in the second quarter and expects the new subsidiary to have a negligible effect on consolidated financial statements for the year ending Dec. 31, 2026. The company has not disclosed client onboarding timing, initial assets under management, external capital partners or whether the subsidiary holds or will seek a Hong Kong Securities and Futures Commission license.