Japan

Japan

Finance

Metaplanet cuts executive reward pool by 41%, extinguishes $220 million in value

The bitcoin treasury firm cut the potential Series 10 share pool to 188.2 million.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Markets

Metaplanet CEO breaks silence but shareholders say the hard questions remain unanswered

Simon Gerovich said Metaplanet had not adequately explained the structure, and denied involvement in MMXX Ventures’ trading decisions.

Chart comparing Metaplanet shares, Nikkei 225 index and bitcoin price this year

Finance

Japan to start stocks and bonds tokenization development plans this year

Japan's regulators are racing to modernize national settlement systems to prevent institutional investors and foreign capital from fleeing to overseas markets.

Tokyo, Japan. (Takashi Miyazaki/Unsplash)

Policy

Nomura-backed Laser Digital wins Japan's first crypto approval in four years

Laser Digital Japan will offer liquidity to domestic crypto providers, with institutional trading services planned to follow as the appetite for crypto in Japan grows.

Nomura office block. (Hamihoko/Wikimedia Commons)

Finance

Japan's Metaplanet launching U.S. bitcoin treasury company through $135 million nanocap deal

The deal involves Metaplanet contributing 2,100 bitcoin and $2.5 million in cash, valuing the initial investment at $134.6 million.

Japan flag in front of a building (Roméo A./Unsplash)

Finance

MUFG to test real-time blockchain settlement for Japanese government bond trades

MUFG is preparing a proof-of-concept for onchain JGB transactions using the Canton network.

A low rectangular monument-style sign displays the MUFG logo and is surrounded by shrubs.

Markets

Bitcoin treasury company Metaplanet unveils BitBonds with $1.3 million private debt sale

The inaugural unsecured bonds offer annual interest of up to 4.3%, while exposing investors to metaplanet’s credit and bitcoin-linked balance-sheet risks

Yen notes (Cedric Cullen/Unsplash)

Policy

Bitget set to exit Japan, close all remaining positions by year-end

The crypto trading platform, ranked fifth on CoinGecko, stopped accepting new registrations on Sunday and plans to shut down all remaining positions by Dec. 31.

Tokyo, Japan. (Erik Eastman/Unsplash)

Finance

Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments

The Japanese logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC in Japan’s first large-scale corporate stablecoin rollout.

Men in yellow shirts delivering boxes in Tokyo. (Iban Lopez Luna/Pexels)

Finance

Japan's SBI Group is building Asia's first cross-border digital asset empire

The securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expansion that includes a tokenization partnership with Ondo Finance.

SBI Holdings at Izumi Garden Tower in Tokyo (Chris 73/Wikimedia Commons)