Share this article
Metaplanet Issues $13M Zero-Coupon Bond to Buy More Bitcoin
The Japanese hotel firm secures 15.5% weighting in crypto-focused exchange-traded fund.
Updated Mar 31, 2025, 1:58 p.m. Published Mar 31, 2025, 1:52 p.m.
What to know:
- Metaplanet now holds the highest weighting in the $50 billion AUM BetaShares ETF.
- Metaplanet issued a $13 million zero-coupon bond to buy more bitcoin.
- The firm currently holds 3,200 BTC, making it the 10th-largest public bitcoin holder.
Japanese hotel firm Metaplanet (3350) has issued a 2 billion yen ($13.3 million) zero-coupon ordinary bond, with proceeds earmarked for additional bitcoin purchases. The bond is scheduled to redeem on Sept. 30.
In addition, Metaplanet has been added to the BetaShares Crypto Innovators ETF (CRYP), a fund with over $50 billion in assets under management, according to CEO Simon Gerovich.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Metaplanet holds the largest weighting in the ETF at 15.5%, surpassing notable industry names such as Strategy (MSTR) and Coinbase (COIN), which take the second and third spots, respectively.
The ETF is traded on the Australian Securities Exchange (ASX) and offers investors exposure to companies operating at the forefront of the crypto and blockchain sectors. While, the CRYP ETF is down 23% year-to-date.
Metaplanet is currently ranked as the tenth-largest publicly listed holder of bitcoin, with a treasury of 3,200 BTC.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Lighter trading platform sees $250 million withdrawn 24 hours after airdrop
Bubblemaps CEO says outflows seen on Lighter on Dec. 31 are not uncommon as users rebalance hedging positions and move on to the next farming opportunity.
What to know:
- Approximately $250 million was withdrawn from Lighter after its $675 million LIT token airdrop.
- The withdrawals represent about 20% of Lighter's total value locked, according to Bubblemaps CEO Nicolas Vaiman.
- Large withdrawals post-token generation events are common as early participants exit, says CertiK's Natalie Newson.
Top Stories
