Metaplanet plans Bitcoin-backed bonds yielding up to 6%

cryptonews07-28

Metaplanet plans to use its newly acquired Japanese brokerage to develop Bitcoin-backed bonds offering yields of roughly 4% to 6%, according to Benchmark. Summary Metaplanet envisions issuing ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMetaplanet plans Bitcoin-backed bonds yielding up to 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-28 05:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/metaplanet-plans-bitcoin-backed-bonds-yielding-up-to-6/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Metaplanet plans to use its newly acquired Japanese brokerage to develop Bitcoin-backed bonds offering yields of roughly 4% to 6%, according to Benchmark.\n\n\nSummary\n\n\n\nMetaplanet envisions issuing ...</p>\n\n<a href=\"https://crypto.news/metaplanet-plans-bitcoin-backed-bonds-yielding-up-to-6/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MTPLF","symbol_name":"Metaplanet Inc.","start_time":0,"source_url":"https://crypto.news/metaplanet-plans-bitcoin-backed-bonds-yielding-up-to-6/","article_id":"2654514025","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/metaplanet-plans-bitcoin-backed-bonds-yielding-up-to-6/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2654514025","pubTimestamp":1785186863,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Metaplanet plans to use its newly acquired Japanese brokerage to develop Bitcoin-backed bonds offering yields of roughly 4% to 6%, according to Benchmark.Metaplanet envisions issuing Bitcoin-backed bonds yielding between 4% and 6%.Its JPY 2.1 billion Siiibo Securities acquisition provided a regulated Japanese securities platform.Future Bitbonds could move onchain with stablecoin settlement and trade on a secondary market.Benchmark maintained its Buy rating and JPY 405 price target for Metaplanet stock.Benchmark analyst Mark Palmer argued that investors have underestimated the importance of Metaplanet’s acquisition of Siiibo Securities, which closed for JPY 2.1 billion, or roughly $13 million.“When Metaplanet closed its 2.1 billion  acquisition of Siiibo Securities … the market largely read the deal as a modest bolt-on,” Palmer wrote. “Our discussion last week with Dylan LeClair … made it clear that this reading badly undersells the company’s plans for the firm it acquired.”The Bitbond ","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"MTPLF":"Metaplanet Inc.","BK4142":"酒店、度假村与豪华游轮"},"translate_title":"Metaplanet 计划发行比特币支持的债券，收益率高达 6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MTPLF":1.96},"content_text":"Metaplanet plans to use its newly acquired Japanese brokerage to develop Bitcoin-backed bonds offering yields of roughly 4% to 6%, according to Benchmark.\n\n\nSummary\n\n\n\nMetaplanet envisions issuing Bitcoin-backed bonds yielding between 4% and 6%.\nIts JPY 2.1 billion Siiibo Securities acquisition provided a regulated Japanese securities platform.\nFuture Bitbonds could move onchain with stablecoin settlement and trade on a secondary market.\nBenchmark maintained its Buy rating and JPY 405 price target for Metaplanet stock.\n\n\n\nMetaplanet Securities could become a Bitbond platform\nBenchmark analyst Mark Palmer argued that investors have underestimated the importance of Metaplanet’s acquisition of Siiibo Securities, which closed for JPY 2.1 billion, or roughly $13 million.\n\n“When Metaplanet closed its ¥2.1 billion (~$13 million) acquisition of Siiibo Securities … the market largely read the deal as a modest bolt-on,” Palmer wrote. “Our discussion last week with Dylan LeClair … made it clear that this reading badly undersells the company’s plans for the firm it acquired.”\n\nMetaplanet used the acquired brokerage to launch Metaplanet Securities earlier in July. The subsidiary operates as a digital asset investment banking business focused on Bitcoin-linked financial products.\nThe transaction also gave Metaplanet control of a Type I Financial Instruments Business Operator licence regulated by Japan’s Financial Services Agency. The licence permits the subsidiary to structure and distribute securities in Japan.\nAccording to LeClair, Metaplanet’s director of Bitcoin strategy, obtaining a similar licence from scratch would normally require several quarters or longer. Acquiring Siiibo therefore gave the company an existing regulatory base for its planned fixed-income business.\nHow the proposed Bitcoin-backed bonds would work\nMetaplanet reportedly intends to turn its securities subsidiary into a platform where companies adopting Bitcoin treasury strategies can issue debt to finance BTC purchases.\nThe proposed instruments, called “Bitbonds,” could initially offer annual yields of about 4% to 6%. Metaplanet then plans to bring the bonds onchain, use stablecoins for settlement, and establish a secondary market over the next several years, according to Benchmark’s assessment reported by The Block.\nThat model would expand Metaplanet beyond raising capital for its own Bitcoin purchases. Its brokerage could instead structure and distribute debt for other companies seeking to add BTC to their balance sheets.\nMetaplanet has not disclosed final issuance terms, eligible investors, collateral ratios or a launch date. The projected yield therefore remains part of the company’s longer-term plan rather than an active bond offering.\nProject Nova moves beyond a passive Bitcoin treasury\nThe Bitbond proposal forms part of Project Nova, Metaplanet’s plan to use its Bitcoin balance sheet to develop financial services and acquire cash-generating businesses.\nDays before Benchmark disclosed further details, Metaplanet began a joint study with yen stablecoin issuer JPYC, tokenization platform Progmat and Metaplanet Securities. The group is examining whether Bitcoin could serve as collateral or a credit-enhancement asset for digital corporate bonds and other credit products.\nThe study covers product design, regulation, investor safeguards, distribution and stablecoin settlement. It will also assess security tokens, round-the-clock trading and daily interest calculations.\nHowever, the participants have not approved a product, issuance date, yield or distribution structure. Metaplanet previously stated that “nothing has been determined,” keeping the study separate from any confirmed commercial launch, as crypto.news reported on July 10.\nBenchmark keeps Buy rating on Metaplanet stock\nPalmer said the market continues to price Metaplanet mainly as a listed proxy for Bitcoin, even as the company prepares infrastructure for a broader capital-markets business.\n\n“Our takeaway is that the market is still pricing Metaplanet as a passive Bitcoin proxy while the company is preparing to execute on a plan to bootstrap an entire capital market.”\n\nBenchmark maintained its Buy rating and JPY 405 price target for Metaplanet stock. The company holds 43,000 BTC worth nearly $2.8 billion, making it the third-largest publicly traded corporate Bitcoin holder, according to the report.\nFor US investors, the proposal provides another comparison with Bitcoin treasury companies such as Strategy, which has used debt, equity and preferred stock to finance BTC purchases. However, Metaplanet’s Japanese licence does not automatically authorize Bitbond sales in the United States. Any US offer would need SEC registration or an applicable exemption under federal securities laws, according to SEC guidance.\nMetaplanet’s next steps will depend on product approvals, talks with Japanese regulators, and whether issuers show demand for Bitcoin-backed corporate debt.\n\n\n\n\n\n                Read more:\n            \n\n                Clarity Act talks enter final stretch as GOP seeks Democratic votes","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2654514025","isCrawlerRequest":true}