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Metaplanet Launches Two Subsidiaries, Plans ¥4 Billion for Japan Bitcoin Infrastructure

Metaplanet Launches Two Subsidiaries, Plans ¥4 Billion for Japan Bitcoin Infrastructure

According to the company’s official announcement, Metaplanet said its new U.S. unit will launch digital credit products and use U.S. capital markets tools to support further Bitcoin acquisition.

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Fact Check
The claim is directly supported by Metaplanet's official board decisions as reported by CoinPost and confirmed by the CEO's social media activity. The specific figures (¥4 billion) and locations (Japan and Miami) match the official disclosures exactly.
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Summary

In an official announcement, Metaplanet said it approved the establishment of two wholly owned subsidiaries and plans to invest ¥4 billion in Bitcoin financial infrastructure. The company said Metaplanet Ventures will be established in Japan, while MetaPlanet Asset Management Inc. will be set up in Miami, Florida. On March 12, Metaplanet also said the new U.S. subsidiary aims to launch digital credit products and use U.S. capital markets tools to acquire more Bitcoin.

Terms & Concepts
  • Bitcoin: The largest cryptocurrency by market value, used as a digital asset and payment network without central bank control.