Metaplanet targets Japan’s $7.1 trillion idle household cash with Bitcoin yield move
Metaplanet is looking to tap into Japan’s yield market with Siibo Securities, targeting a $7.1 trillion pool of idle cash and deposits with Bitcoin.
In a post on Friday, Metaplanet CEO Simon Gerovich announced the Japanese Bitcoin treasury firm has reached an agreement to buy 100% of Siiibo Securities, in a deal reportedly worth 2.1 billion yen or $13 million.
The acquisition is expected to close in July, after which the firm will be rebranded as Metaplanet Securities, Gerovich noted.
We are pleased to announce that Metaplanet has entered into an agreement to acquire 100% of Siiibo Securities, a licensed Type I securities firm and a pioneer of Japan’s online corporate bond market. Following closing, expected in July, the company will be renamed Metaplanet…
— Simon Gerovich (@gerovich) June 12, 2026
Metaplanet targets $7.1 trillion of idle funds with BTC yield
Siibo acquisition is geared toward Metaplanet’s plan to launch and distribute Bitcoin-related yield products directly to Japanese investors.
As of 2025, Japanese households held roughly $7.1 trillion in cash, deposits, and low-yield products. Gerovich said these funds are currently in search of yields, as the economy shifts from a multi-decade period of deflation to inflation.
“The significance is hard to overstate,” the Metaplanet CEO said.
Siibo holds a Type I securities license from Japan’s Financial Services Agency, with Gerovich saying the firm is “a pioneer of Japan’s online corporate bond market.” That license gives the holder authority to deal in securities, broker transactions, and underwrite offerings.
“By bringing Siiibo’s Type I registration and online securities platform into the group, we will develop and distribute Bitcoin-related yield products directly to Japanese investors,” Gerovich added.
The offerings will be backed by Metaplanet’s 40,177 BTC treasury, the largest in Asia and third-largest globally, according to Bitcoin Treasuries.
Metaplanet bets big on Japan’s Bitcoin ecosystem
Siibo marks the first major acquisition by Metaplanet under its Project Nova strategy to build a Bitcoin-centric financial ecosystem in Japan.
Earlier in March, the company also announced plans to invest roughly ¥4 billion, or about $25 million, in the country’s Bitcoin infrastructure startups. Cryptopolitan reported that the extends to startup funding, a founder incubator in Japan, and grants, all funded via proceeds from Metaplanet’s Bitcoin business.
Meanwhile, Metaplanet’s Bitcoin holdings are not doing so great lately, with Bitcoin price down over 20% YTD and over 40% in the last year.
In February, Metaplanet reported a 738% revenue growth in FY2025. However, it ended with ¥95 billion (about $619 million) in net loss.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Morgan Stanley: The expansion value of BHP South Australia copper mine is still underestimated, on-site inspection may become a catalyst for revaluation, “Overweight” rating maintained.
Morgan Stanley released a research report, maintaining an "Overweight" rating on BHP Group Limited (Australian shares) and a target price of 68 AUD.
Deutsche Bank remains bullish on Palo Alto Networks (PANW.US) ahead of earnings: Q1 results expected to be solid, platform advantages will help expand market share.
Deutsche Bank's latest research report predicts that Palo Alto Networks will deliver solid performance in the first quarter, with all key metrics exceeding market expectations, although the margin of outperformance may narrow compared to the previous quarter.
On the eve of Anthropic (ANT.US) IPO: $19 billion in passive buying on the way, will “SpaceX-style” index arbitrage be repeated?
From SpaceX to Anthropic: Giant new listings adopt a new approach.
Amidst extramarital affair scandal and Nvidia’s stock plummet, “The Big Short”: Short-term may be an “excellent trade,” but long-term remains bearish
Burry admitted that if he did not already hold a short position, the sharp drop caused by the scandal might be a good contrarian buying opportunity—but he himself made it clear he would not participate. The fatal risk lies in the possibility that this turmoil could trigger regulatory investigations into its "mafia-style" business practices and export controls. Combined with the risks of over-investment in AI, its competitive advantage is expected to quickly narrow, so he remains firm in his short position.
Crypto prices
More
