Metaplanet will establish two wholly-owned subsidiaries in Japan and the United States, planning to invest 4 billion yen to develop Japan's Bitcoin financial infrastructure.

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Deep Tide TechFlow News, March 12 — According to Metaplanet CEO Simon Gerovich, Japanese publicly listed company Metaplanet has approved the establishment of two wholly owned subsidiaries: Metaplanet Ventures Inc. and the U.S. subsidiary Metaplanet Asset Management Inc.

Metaplanet Ventures will invest 4 billion yen over the next few years in Japanese companies engaged in Bitcoin financial infrastructure development, covering lending, payments, custody, stablecoins, derivatives, and compliance. It will also launch an incubator program for Japanese entrepreneurs and a funding program for open-source developers, educators, and researchers. As the first investment of Metaplanet Ventures, the company has signed a memorandum of understanding with Japan’s first registered Japanese yen stablecoin project, JPYC Inc., with plans to invest up to 400 million yen.

Metaplanet Asset Management Inc. will be established in Miami, positioning itself as a digital credit and Bitcoin capital markets platform, connecting Asian and European-American capital markets. It plans to develop businesses related to yield, equity, credit, and volatility strategies, with specific products to be announced gradually.

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