Bitcoin Treasury Company Metaplanet Board of Directors approves the establishment of two wholly-owned subsidiaries

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Techub News Report: Japanese Bitcoin Treasury Company Metaplanet CEO Simon Gerovich tweeted that the Metaplanet Board of Directors has approved the establishment of two wholly owned subsidiaries, Metaplanet Ventures and Metaplanet Asset Management. “Metaplanet Ventures will invest 4 billion yen over the next few years to support companies building Bitcoin financial infrastructure in Japan, covering lending, payments, custody, stablecoins, derivatives, and compliance. We will also launch an incubator for early-stage Japanese entrepreneurs and grant programs for open-source Bitcoin developers, educators, and researchers. Based in Miami, Metaplanet Asset Management will serve as our digital credit and Bitcoin capital markets platform, connecting Asian and Western capital markets, covering yield, equities, credit, and volatility strategies. Our first investment through Metaplanet Ventures is up to 400 million yen in JPYC, Japan’s first licensed yen stablecoin.”

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