Metaplanet Taps BTC for Digital Bonds in Joint Research Project

Metaplanet, a company holding approximately 43 thousand Bitcoin (BTC), has begun exploring digital bonds backed by the cryptocurrency. According to a joint research project with JPYC, Progmat, and Metaplanet Securities, the plan involves using BTC as collateral for tokenized instruments, including settlement via yen stablecoins.

The tokens would represent digital corporate bonds managed by security tokens. As of the end of the second quarter of 2026, Metaplanet's BTC holding is valued at 2.75 billion US dollars based on Saturday's exchange rate.

Metaplanet has stated that this research has not yet resulted in any product, and no issuance date, interest rate, or sale method has been determined. Currently, its 43 thousand BTC holding is not pledged to any specific product.