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Metaplanet's recent acquisition of Siiibo directly obtained a securities license. After rebranding in July, it officially became a Bitcoin-native broker. The compliance infrastructure in the Japanese market is developing faster than expected.
The transaction is expected to be completed in July, at which point the company will be renamed Metaplanet Securities.
This acquisition is the first major merger since Metaplanet's establishment and also the first implementation of its long-term strategic Project Nova, aiming to build a Bitcoin-centric financial ecosystem in Japan.