JPX Considers Crypto Exposure Guidelines, Metaplanet's Listing at Risk

The Japan Exchange Group (JPX) is revisiting its guidelines for public firms with significant cryptocurrency exposure, which could have far-reaching consequences for Metaplanet and other digital asset treasuries.

According to a report by Nikkei, JPX is considering blocking new crypto treasuries that allocate over 50% of their assets to cryptocurrency from listing on the Tokyo Stock Price Index (TOPIX).

This proposal would not only affect firms seeking to list on TOPIX for the first time but also existing listed companies like Metaplanet, which could be delisted if they fail to meet the new criteria.