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The Nexus
BUSINESSJul 10 · 15:14 UTCBITCOIN MAGAZINEMicah Zimmerman

Metaplanet Announces Joint Study to Bring Bitcoin-Backed Digital Credit to Japan

Metaplanet, Japan's largest corporate bitcoin holder, has initiated a joint study with JPYC, Progmat, and Siiibo Securities to develop tokenized credit products backed by bitcoin. The project aims to enable 24/7 trading and settlement of interest-bearing instruments, addressing gaps in Japan's debt market for mid-sized and growth companies.

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