Metaplanet plans Bitcoin-backed bonds yielding up to 6%
Metaplanet plans to use its newly acquired Japanese brokerage to develop Bitcoin-backed bonds offering yields of roughly 4% to 6%, according to Benchmark. Summary Metaplanet envisions issuing Bitcoin-backed bonds yielding between 4% and 6%. Its JPY 2.1 billion Siiibo Securities acquisition provided a regulated Japanese securities platform. Future Bitbonds could move onchain with stablecoin settlement
