The bitcoin treasury company is working with JPYC and Progmat to explore tokenized credit products backed by bitcoin, aiming to create efficient, 24/7 credit markets in Japan.
- Metaplanet, yen stablecoin issuer JPYC and security token platform Progmat are together studying bitcoin-backed digital credit products that tokenize BTC as collateral.
- The initiative aims to open Japan’s credit market to more mid-sized and growth companies by using onchain infrastructure for 24/7 trading, automated interest payments and transparent redemptions.
- The project aligns with Metaplanet’s broader strategy to use its 43,000 BTC treasury as a foundational asset for credit enhancement, value storage and collateral in regulated digital markets.
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters :
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Franklin Crypto CIO says crypto prices are disconnected from fundamentals
Bitcoin panic-selling may be ending as sellers' profit margins disappear
Strategy pauses its Bitcoin buying spree to hoard a massive $3 billion cash cushion
Franklin Crypto CIO says crypto prices are disconnected from fundamentals
TeraWulf CEO: 'Not All Megawatts Are Created Equally' in AI Race
Trump's crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials
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