Metaplanet launches VC and asset management subsidiaries, bets on Japanese stablecoin JPYC

Metaplanet has established venture capital and asset management subsidiaries, with the VC arm planning to invest 4 billion yen ($25 million) in Japanese bitcoin infrastructure companies over the coming years. The company is also betting on JPYC, a Japanese stablecoin, as part of its expanded crypto strategy.

• →Metaplanet launches new VC and asset management subsidiaries focused on cryptocurrency investments.
• →The venture capital arm will deploy $25 million over several years targeting local bitcoin infrastructure firms.
• →The company is making strategic bets on JPYC, a Japanese yen-pegged stablecoin.
• →This expansion represents Metaplanet's broader commitment to the Japanese cryptocurrency ecosystem.
• →The move positions Metaplanet as a significant investor in Japan's growing bitcoin infrastructure sector.