Japanese investment company Metaplanet, one of the largest corporate holders of bitcoin, intends to use a recently acquired brokerage firm to launch an innovative platform for corporate bonds backed by digital currency. According to industry analysts, the strategic goal of the project goes beyond simply financing its own asset purchases. The management plans to create a full-fledged market for tokenized debt instruments, internally called Bitbonds, which will allow other companies accumulating bitcoin to issue debt obligations to raise capital. At the initial stage, the expected yield of such bonds will be from four to six percent per annum.

The implementation of this initiative became possible after the acquisition of Siiibo Securities for 2.1 billion yen, which provided Metaplanet with access to a regulated Japanese securities trading platform. The Metaplanet Securities structure created on its basis functions as an investment banking business specializing exclusively in financial products linked to the first cryptocurrency. The organization is currently conducting a detailed study of potential investors' preferences, examining product design parameters, coupon payment schedules, mechanisms for protecting depositors' interests, and technical aspects of settlements using stablecoins.

In the long term, Metaplanet intends to transfer the circulation of these bonds to the blockchain infrastructure, introduce stablecoins for settlements and form a liquid secondary market. Although the final parameters of the issue, including the range of qualified investors and the exact ratio of collateral to the loan amount, have not yet been disclosed, this step reflects a steady trend in traditional finance. Previously, similar experiments on the issuance of securities with yields linked to the dynamics of the bitcoin exchange rate have already been conducted by large international and national financial institutions.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.