Metaplanet will establish a subsidiary in Europe and America and invest in the Japanese stablecoin project JPYC

Metaplanet CEO Simon Gerovich announced that the board of directors has decided to establish two wholly-owned subsidiaries: Metaplanet Ventures and Metaplanet Asset Management Inc., a US subsidiary. Metaplanet Ventures plans to invest 4 billion yen in the next few years to support the construction of Japan's Bitcoin financial infrastructure, covering areas such as lending, payments, custody, and stablecoins. Metaplanet Asset Management will be established in Miami as a digital credit and Bitcoin capital market platform connecting Asian and European capital markets. Metaplanet has signed an agreement with JPYC, Japan's first registered yen stablecoin project, to invest up to 400 million yen.