CoinWired news: Metaplanet announced that it has completed the acquisition of Siiibo Securities and officially launched Metaplanet Securities, becoming a bitcoin-based digital asset investment bank. The subsidiary will, under the regulation of Japan’s Financial Services Agency, obtain a license as a financial instruments business operator, focusing on financial engineering and compliant investment products for Japan’s capital markets. Metaplanet also plans to cooperate with the Japanese yen stablecoin issuer JPYCoin and the tokenization platform Progmat, using its bitcoin reserves as credit-enhancing collateral for digital corporate bonds and structured credit products. The company said it will in the future focus on providing compliant bitcoin yield products for institutional and retail investors.