Metaplanet Launches Two Subsidiaries and Invests in Stablecoin Firm JPYC

Metaplanet, the Japan-based Bitcoin treasury firm, has announced the launch of two wholly owned subsidiaries alongside a strategic investment in stablecoin issuer JPYC Inc., according to a statement from company leadership.

The company’s board approved the creation of Metaplanet Ventures and Metaplanet Asset Management, marking an expansion of the firm’s activities across Bitcoin infrastructure investment and digital asset capital markets.

Simon Gerovich, CEO of Metaplanet, said the new entities reflect the company’s commitment to supporting the growth of Japan’s Bitcoin ecosystem while strengthening connections between Asian and Western digital asset markets.

Venture Arm Targets Bitcoin Infrastructure in Japan

Metaplanet Ventures will operate as the firm’s venture capital arm, deploying approximately 4 billion Japanese yen ($25.2 million) over the coming years to support companies building financial infrastructure around Bitcoin in Japan.

Gerovich said the investments will target businesses developing services across lending, payments, custody, stablecoins, derivatives, and compliance infrastructure tied to Bitcoin markets.

The initiative will also include an incubator and grants program aimed at supporting early-stage founders, developers, educators, and researchers working within the country’s digital asset ecosystem.

Gerovich emphasized that Japan already has one of the world’s most advanced regulatory frameworks for digital assets, but said further industry development and infrastructure will be necessary to fully realize the market’s potential.

Strategic Investment in JPYC Issuer

As the venture arm’s first investment, Metaplanet will allocate 400 million yen (around $2.5 million) to JPYC Inc. as part of the company’s Series B funding round.

JPYC is the issuer of JPYC, a yen-denominated stablecoin launched in October 2025 that maintains a one-to-one peg with the Japanese yen through reserves held in bank deposits and government bonds. The token operates across several blockchain networks, including Ethereum, Avalanche, and Polygon.

Earlier this month, JPYC partnered with Sony Bank to expand stablecoin payments for creators in Japan’s music and entertainment industries, according to reports from Nikkei Asia.

Gerovich said the investment reflects the growing importance of digital fiat infrastructure as Bitcoin markets become increasingly institutionalized, noting that stablecoins will play a key role in enabling digital settlement rails.

Miami-Based Asset Management Platform

The second subsidiary, Metaplanet Asset Management, will operate from Miami and serve as a digital credit and Bitcoin capital markets platform aimed at bridging Asian and Western financial markets.

According to the company, the unit will focus on asset management activities, including Bitcoin-related investment products, capital markets advisory services, and supporting regulatory infrastructure for digital asset finance. Metaplanet said it plans to introduce a range of funds, managed strategies, and structured products spanning the broader Bitcoin capital markets ecosystem.

Financial Performance and Bitcoin Holdings

Metaplanet recently reported a net loss of 95 billion yen ($598 million) for 2025, largely driven by unrealized valuation losses on its Bitcoin holdings. Despite the headline loss, the company said operating profit increased significantly year-over-year, reflecting continued expansion of its underlying business.

Gerovich said unrealized losses tied to long-term Bitcoin holdings are not a central concern for the company, emphasizing that Metaplanet has no intention of selling its Bitcoin reserves.

According to the company’s website, Metaplanet currently holds 35,102 BTC, valued at approximately $2.45 billion at current market prices. The company’s Tokyo-listed shares declined 1.9% during intraday trading to 362 yen, while its U.S.-listed shares closed up 5.53% at $2.29.