Metaplanet Expands Into Brokerage With Siiibo Securities Acquisition

The acquisition marks the inaugural move in Project Nova, the company's long-term initiative to build a comprehensive financial ecosystem. Once the deal concludes, Siiibo Securities will be rebranded as Metaplanet Securities, integrating its existing online corporate bond platform and investor network into the parent company’s operations. Metaplanet intends to leverage its massive treasury—currently 40,177 BTC—to back new investment products for a domestic market seeking higher returns on its $7.4 trillion in household cash and low-yield deposits.

Simon Gerovich, Metaplanet’s CEO, intends to utilize the firm’s newly acquired regulatory status to bridge the gap between traditional Japanese capital and digital assets. While the acquisition will be funded through cash reserves and existing credit facilities, the company does not anticipate a material impact on its 2026 fiscal results. This strategic shift follows recent management discussions regarding capital allocation, where the company signaled that it would prioritize Bitcoin Yield metrics and potential share buybacks whenever its market valuation dips below the net asset value of its holdings.