TOKYO, Mar 12 (Pulse News Wire) – Metaplanet Inc. (3350.T) announced today that its wholly-owned subsidiary, Metaplanet Ventures, has signed a Letter of Intent to invest up to $100M in JPYC Co., Ltd., the issuer of the Japanese yen-backed stablecoin JPYC.
This marks Metaplanet Ventures' first investment case since its establishment. The investment aims to secure an early position in the Japanese yen layer of the digital asset ecosystem, supporting the development of Bitcoin-native financial services infrastructure. JPYC Co., Ltd., founded in November 2019, operates under regulatory oversight and has established a leading presence in the Japanese yen stablecoin market since launching in October 2025. Metaplanet sees potential synergies between Bitcoin-based financial services and digital yen payments, envisioning applications such as tokenized corporate securities, stablecoin distributions in DeFi platforms, and integrated wallet services supporting both BTC and yen-denominated stablecoins. The companies plan to explore these strategic areas based on regulatory frameworks, technical feasibility, and ongoing discussions.
Capitalizing on the growing adoption of digital assets among institutional investors, Metaplanet expects this move to strengthen its foothold in the emerging market for yen-backed stablecoins. The transaction is subject to due diligence completion, final contract signing, and internal approvals. JPYC Co., Ltd., headquartered at FINOLAB in Shibuya, Tokyo, was capitalized with ¥100 million upon establishment. The impact on Metaplanet's consolidated performance for the fiscal year ending December 2026 is expected to be minor. Any significant changes will be promptly disclosed.
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