Metaplanet has announced its full acquisition of the Japanese licensed Tier 1 securities firm, Siiibo Securities.

BlockBeats News, June 12 - According to official sources, Metaplanet has announced that it has reached an agreement to acquire 100% of the shares of the licensed first-tier securities firm Siiibo Securities in Japan. The company is a pioneer in the Japanese online corporate bond market. The transaction is expected to be completed in July, at which time the company will be renamed Metaplanet Securities.

This is the first major acquisition since Metaplanet was founded, and it is the first substantial move for its long-term strategy Project Nova. This strategy aims to build a financial ecosystem in Japan with Bitcoin at its core.