Metaplanet: Will establish a venture capital fund and a Europe-America subsidiary, and invest 400 million yen in Japan's first registered stablecoin project JPYC

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Odaily Planet Daily reports that Simon Gerovich, CEO of Metaplanet, announced on the X platform that the Metaplanet board has approved the establishment of two wholly-owned subsidiaries: Metaplanet Ventures and the U.S. subsidiary Metaplanet Asset Management Inc.

Metaplanet Ventures plans to invest 4 billion yen over the next few years to support companies building Bitcoin financial infrastructure in Japan, covering lending, payments, custody, stablecoins, derivatives, and compliance.

Metaplanet Asset Management will be established in Miami as a digital credit and Bitcoin capital market platform, connecting Asian and European-American capital markets.

As the first investment of Metaplanet Ventures, Metaplanet has signed a memorandum of understanding with JPYC, Japan’s first registered yen stablecoin project, and will invest up to 400 million yen in it.

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