Metaplanet 表示正在与 JPYC 和 Progmat 在日本研究比特币支持的数字信贷产品,但尚未推出任何产品。 日本投资和比特币财务公司 Metaplanet 的证券部门 Metaplanet Securities、稳定币发行商 JPYC 和代币化基础设施提供商 Progmat 正在日本开展一项关于比特币支持的数字信贷产品的联合研究。 Metaplanet 周五表示,该研究涉及使用 BTC 作为抵押品和信用增强工具,结合与日元挂钩的 JPY Coin (JPYC) 稳定币进行结算和支付,而安全代币将用于管理持有人权利。 该联合研究将探讨比特币是否可以用作数字公司债券和其他信贷工具的抵押品或信用增强,并在区块链分类账上发行,为持有者提供 24/7 的可访问性、结算和每日应计利息。作为实验的一部分,尚未推出任何产品。
该研究表明,Metaplanet 正在超越其作为比特币财务公司的角色,并测试如何将比特币用作生产性资产负债表资产。这项研究与今年早些时候宣布的 Metaplanet 项目 Nova 相关,该项目旨在将业务扩展到日本的比特币金融服务生态系统。 联系了 Metaplanet,请其评论该研究是否可以为未来比特币支持的数字信贷产品奠定基础。 数字信贷工具一直是 Strategy 策略的重要组成部分。全球最大的企业比特币持有者一直依靠 STRC 优先股等“数字信贷”工具作为筹集资金购买更多比特币的主要工具。 关于开始利用比特币、JPYC 和安全代币进行数字信用领域联合研究的通知。来源:Metaplanet 截至撰写本文时,Metaplanet 是全球第三大企业比特币持有者,以约 41 亿美元的价格收购了 43,000 枚比特币。该公司在 2026 年第二季度购买了 2,823 个比特币,平均价格约为每枚 78,850 美元。 Metaplanet 旨在打造更“高效”的信贷市场
Metaplanet 表示,这项联合研究旨在探索“为发行人和投资者提供更高效、更透明的信贷市场”。 该研究将审查产品设计、概念验证计划和未来发行的可能性等问题,但它强调目前尚未确定有关发行的任何内容。 通过 Project Nova,Metaplanet 将比特币视为“资产负债表上的生产性抵押品”。 Metaplanet 表示,该项目旨在“向日本散户和机构投资者提供新的收益产品和资本市场准入”,以架起传统证券市场和数字资产市场的桥梁。 6 月,Metaplanet 宣布计划收购 Siiibo Securities 并将其更名为 Metaplanet Securities,作为其开发 Project Nova 的更广泛计划的一部分。 今年 3 月,Metaplanet 成立了一家新的风险投资公司 Metaplanet Ventures,以支持比特币生态系统在日本的发展。 相关:K33 表示,由于超过一半的供应处于亏损状态,比特币接近周期底部 投资者已经表现出了对区块链上代币化信贷产品的需求。 RWA 总值,历史图表。资料来源:RWA.xyz
数据聚合商 RWA.xyz 显示,纵观价值 330 亿美元的代币化现实资产领域,资产支持信贷是第三大领域,价值 23 亿美元,而代币化企业信贷是第五大领域,在区块链上代币化的价值为 17.6 亿美元。 杂志:Strategy 出售 2.16 亿美元比特币,Bollinger 看好 BTC:Hodler's Digest,2026 年 6 月 29 日至 7 月 6 日
Metaplanet said it is studying Bitcoin-backed digital credit products in Japan with JPYC and Progmat, but no product has been launched.
Japanese investment and Bitcoin treasury company Metaplanet's securities arm, Metaplanet Securities, stablecoin issuer JPYC and tokenization infrastructure provider Progmat are tying up on a joint study on Bitcoin-backed digital credit products in Japan.
The study involves using BTC as collateral and a credit enhancement tool combined with the Japanese yen-pegged JPY Coin (JPYC) stablecoin for settlement and payments, while security tokens will be used to manage holder rights, Metaplanet said Friday.
The joint study will examine whether Bitcoin can be used as collateral or credit enhancement for digital corporate bonds and other credit instruments, with 24/7 accessibility, settlement and daily interest accrual for holders, issued on the blockchain ledger. No product has been launched yet as part of the experiment.
The study suggests Metaplanet is looking beyond its role as a Bitcoin treasury company and testing how Bitcoin could be used as a productive balance sheet asset. The study ties into Metaplanet's Project Nova, an initiative announced earlier this year, which looks to extend the business into a Bitcoin financial services ecosystem in Japan.
contacted Metaplanet for comment on whether the study could lay the foundation for future Bitcoin-backed digital credit products.
Digital credit instruments have been an important part of Strategy’s playbook. The world’s largest corporate Bitcoin holder has relied on "digital credit" instruments such as the STRC preferred stock as a primary vehicle for raising capital to acquire more Bitcoin.
Notice of Commencement of a Joint Study in the Digital Credit Domain Utilizing Bitcoin, JPYC, and Security Tokens. Source: Metaplanet
Metaplanet is the world’s third-largest corporate Bitcoin holder at the time of writing, with 43,000 Bitcoin acquired for about $4.1 billion. The company acquired 2,823 Bitcoin during the second quarter of 2026 at an average price of about $78,850 per coin.
Metaplanet aims for a more “efficient” credit market
Metaplanet said the joint study aims to explore the development of a “more efficient and transparent credit market for both issuers and investors.”
The study will examine issues in product design, proof-of-concept initiatives and the possibility of future issuance, but it highlighted that nothing has been determined regarding issuance at this time.
Through Project Nova, Metaplanet treats Bitcoin as “productive collateral on the balance sheet.” Metaplanet said that the project aims to deliver “new yield products and capital market access to retail and institutional investors in Japan” to bridge conventional securities markets and digital asset markets.
In June, Metaplanet announced plans to acquire Siiibo Securities and rename it Metaplanet Securities, as part of its broader plans to develop Project Nova.
In March, Metaplanet established a new venture firm, Metaplanet Ventures, to support the Bitcoin ecosystem’s development in Japan.
Related: Bitcoin nears cycle bottom as over half of supply is held at a loss, says K33
Investors are already showing demand for credit products tokenized on the blockchain.
Total RWA value, all-time chart. Source: RWA.xyz
Looking at the $33 billion tokenized real-world asset sector, asset-backed credit was the third-largest sector worth $2.3 billion, while tokenized corporate credit was the fifth-largest with $1.76 billion in value tokenized on the blockchain, data aggregator RWA.xyz shows.
Magazine: Strategy sells $216M Bitcoin, Bollinger bullish on BTC: Hodler's Digest, June 29-July 6, 2026