Metaplanet Pays $13 Million for License to Sell Bitcoin Yield Products in Japan
Metaplanet will buy Siiibo Securities, a licensed Japanese brokerage, for 2.1 billion yen, or about $13 million. The Tokyo-listed firm plans to rename it Metaplanet Securities and use it to sell Bitcoin-linked yield products. The agreement, announced Friday, is the first acquisition under Project Nova, the company’s plan to build a Bitcoin-based financial business in...
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