Metaplanet studies bitcoin-backed digital bond structure with JPYC and Progmat

Metaplanet studies bitcoin-backed digital bond structure with JPYC and Progmat

N
News Editor
2026-07-11 15:17:20
Metaplanet said on July 10, 2026 that it is studying bitcoin-backed digital credit products with JPYC, Progmat and Metaplanet Securities, according to Odaily, citing Bitcoin.com News. The work would explore using bitcoin as collateral for tokenized instruments, including digital corporate bonds administered through security tokens and settled with a yen-denominated stablecoin. The company said it held about 43,000 BTC at the end of the second quarter of 2026. Based on Saturday’s BTC exchange rate, that holding was valued at roughly $2.75 billion. Metaplanet also said the initiative remains at the research stage and no product has been launched. It has not set an issuance date, coupon rate, product structure or sales method. The company added that its 43,000 BTC position has not been pledged to any specific product at this stage. The announcement outlines a possible tokenized credit framework tied to the company’s bitcoin treasury, but the terms and launch timeline remain undisclosed.
MetaplanetBitcoinDigital BondsSecurity TokensYen StablecoinJPYCProgmat

Metaplanet explores BTC-backed digital credit products

Metaplanet said on July 10, 2026 that it is working with JPYC, Progmat and Metaplanet Securities to study bitcoin-backed digital credit products.

The plan would use bitcoin as collateral for tokenized instruments. Areas under review include settlement through a yen stablecoin and digital corporate bonds administered through security tokens.

43,000 BTC held at end of Q2

Metaplanet said it held about 43,000 BTC as of the end of the second quarter of 2026. Based on Saturday’s BTC exchange rate, the holding was worth about $2.75 billion.

The company said no product has been launched at this point. It has not determined an issuance date, interest rate, product structure or sales method, and its 43,000 BTC holding has not been pledged to any specific product at this stage.

The report cited Bitcoin.com News.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
300

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.