Metaplanet Sets Up $25M Ventures Arm, Bitcoin Capital Markets Unit Via 2 Subsidiaries

In a major move Metaplanet, the Tokyo-based one of the largest corporate Bitcoin holders with 35,102 BTC, has announced a major move at expansion.

Moving beyond just holding Bitcoin, the company CEO Simon Gerovich announced in a X post today that the company’s board has approved plans to launch two new subsidiaries.

As fluctuations in Bitcoin’s price continue to weigh on the value of its holdings, the two subsidiaries aim to expand its operating business.

Also Read: Agentic Payments – One Thing Every Crypto Firm is Racing to Build

Two New Subsidiaries of Metaplanet – Venture Fund

The Metaplanet board has approved the formation of the two wholly owned subsidiaries. These are venture fund, Metaplanet Ventures K.K. and Bitcoin capital markets platform, Metaplanet Asset Management.

Through Metaplanet Ventures, the company plans to invest ¥4 billion or $25 Million over the coming years into startups building Bitcoin-focused financial infrastructure in Japan.

The fund will target companies working across key segments of the crypto economy. These will include startups working in lending, payments, custody, stablecoins, derivatives, and compliance technology.

Metaplanet Venture arm has already disclosed its first planned deployment from the venture arm. This is a commitment of up to ¥400 million into JPYC, Japan’s licensed yen stablecoin issuer. This comes at a crtiical time when a bank-backed yen stablecoin (JPYSC) was just launched by major financial players including SBI Holdings and blockchain firm Startale Group.

A regulatory filing summarizing the subsidiary’s details  list Simon Gerovich and Shinpei Okuno as representatives of the Venture fund.

Beyond direct investments, the venture arm will also launch an incubator program for early-stage Japanese founders. It will establish a grants initiative supporting open-source Bitcoin developers, educators, and researchers.

Metaplanet’s Bitcoin Capital Markets Platform

Alongside its venture push, the company’s second subsidiary is Metaplanet Asset Management. This is going to be a new Miami-based platform focused on digital credit and Bitcoin capital markets.

The unit will build out digital-credit and Bitcoin capital markets products spanning yield strategies, equity and credit exposures, and volatility/derivatives instruments.

Importantly, Simon said “the platform is designed to bridge capital flows between Asian and Western markets”. This is an area that remains fragmented despite the global nature of cryptocurrency trading.

DATs Expanding Beyond Treasury Business

The timing of expansion comes at a volatile yet strategic time. While its core business continues to grow, Metaplanet recently booked a $679 million impairment loss due to Bitcoin’s market value fluctuations.

The company still expects ¥8.905 billion in FY25 revenue and ¥6.287 billion in operating profit for fiscal 2025, but the accounting adjustment pushed it to a ¥98.558 billion net loss.

The expansion also reflects a broader shift among digital asset treasury (DAT) companies that are beginning to move beyond simply holding crypto on their balance sheets. Firms are increasingly looking for ways to generate revenue and build financial infrastructure around their crypto reserves.

For instance, BitMine Immersion Technologies has been actively working to transform its large Ethereum treasury into an operational business model. The company has explored strategies such as staking, yield generation, and institutional partnerships to monetize its crypto holdings and create recurring revenue streams.

Also Read: Bitmine’s Expansion Plan for its $12B Eth Treasury

Similarly, Metaplanet’s latest move signals a shift toward building an ecosystem around Bitcoin. With its venture arm and a capital markets platform, the company is now just aiming to act as a Bitcoin holder, but as a builder and financier of Bitcoin-related infrastructure.