Metaplanet、日元稳定币发行商 JPYC 和安全代币平台 Progmat 正在共同研究比特币支持的数字信贷产品，将 BTC 代币化作为抵押品。 该计划旨在通过使用链上基础设施进行 24/7 交易、自动利息支付和透明赎回，向更多中型和成长型公司开放日本信贷市场。 该项目符合 Metaplanet 的更广泛战略，即利用其 43,000 BTC 金库作为受监管数字市场中信用增级、价值存储和抵押品的基础资产。
Metaplanet 是比特币 BTC$64,126.03 的第三大公开交易持有者，它正在寻求进入代币化信贷市场，此举将使其超越简单地堆叠加密货币，并进一步实现其将最大的加密货币建立为金融生态系统中的基础资产的目标。 这家总部位于东京的公司表示，正在研究比特币是否可以用作每日应计利息的信贷工具的抵押品，该市场称美国存在，但日本不存在。该公司在周五的一份声明中表示，数字化将允许这些工具进行 24/7/365 的交易和结算。 比特币支持的信贷是一种新兴产品，使用比特币作为债务发行的核心抵押品。该市场主要由持有比特币并利用其创造支付股息或利息的产品的上市公司推动，从而将闲置的比特币转变为现金生成工具。 该研究小组还将包括 Siiibo Securities（上个月以 21 亿日元（130 亿美元）收购）、日元稳定币发行人 JPYC 以及受监管的安全代币平台 Progmat。 Siiibo 将于 7 月 13 日更名为 Metaplanet Securities。
Metaplanet 在一份声明中表示：“这四家公司将研究产品设计中的问题、概念验证计划的必要性以及未来发行的可能性。” “目前，关于发行时间、条款、产量、产品细节、发行方式或合作形式尚未确定。” 日本的传统信贷市场倾向于发行公开债券的大公司。据 Metaplanet 称，中型和成长型公司在发行、销售、投资者管理、利息支付和赎回方面往往面临高昂的成本和运营负担。 数字信贷可以向这些较小的公司开放债务市场，将传统资本市场与链上技术联系起来，实现 24/7 全球交易和结算、持有人级权利管理、自动按比例利息计算和透明的链上支付/赎回。 关键角色
每家公司都在发挥自己的优势。 Metaplanet 及其证券部门将设计和创建将比特币与信贷产品相结合的新产品。他们还将负责将产品出售给投资者、与客户沟通以及管理之后的一切。 JPYC将在此过程中探索其稳定币的使用，确保其能够顺利用于支付和兑换。 Progmat 将提供一个安全、受监管的系统，用于将产品转化为区块链上的数字代币。这包括跟踪所有权、处理转账以及将所有内容连接到稳定币支付系统。 Metaplanet 持有 43,000 个 BTC，价值 24.7 亿美元。只有Strategy (MSTR) 和二十一资本持有更多。 比特币新闻日本代币化信用 相关资产 比特币$64,126.03 0.17%
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.
Metaplanet, the third-largest publicly traded holder of bitcoin BTC$64,126.03, is looking to enter the tokenized credit market in a move that would take it beyond simply stacking the cryptocurrency and further its aim of establishing the largest cryptocurrency as a foundational asset in the financial ecosystem.
The Tokyo-based company said it is studying whether bitcoin could be used as collateral for credit instruments with daily interest accrual, a market it says exists in the U.S., but not Japan. Digitization would allow 24/7/365 trading and settlement of the instruments, it said in a Friday statement.
Bitcoin-backed credit is an emerging product using BTC as the core collateral for debt offerings. The market is driven mainly by public companies that hold bitcoin and use it to create products that pay dividends or interest, turning the idle coin stash into a cash-generating instrument.
The study group will also include Siiibo Securities — which it bought for 2.1 billion yen ($13 billion) last month — JPYC, the yen stablecoin issuer, and Progmat, a regulated security tokens platform. Siiibo will be renamed Metaplanet Securities on July 13.
"The four companies will examine issues in product design, the need for proof-of-concept initiatives, and the possibility of future issuance," Metaplanet said in a statement. "At this time, nothing has been determined regarding issuance timing, terms, yield, product details, distribution methods, or the form of collaboration."
Japan's traditional credit market leans in favor of large corporations with public bond offerings. Mid-sized and growth companies often face high costs and operational burdens around issuance, sales, investor management, interest payments and redemptions, according to Metaplanet.
Digital credit could open the debt market to these smaller companies, bridging traditional capital markets with onchain technology, enabling 24/7 global trading and settlement, holder-level rights management, automated pro-rata interest calculations and transparent onchain payments/redemptions.
Key roles
Each company is bringing its own strength to the table. Metaplanet and its securities arm will design and create the new products that combine bitcoin with credit offerings. They’ll also handle selling them to investors, communicating with customers, and managing everything afterward.
JPYC will explore the use of its stablecoin in the process, making sure it can be used smoothly for payments and redemptions.
Progmat will provide a secure, regulated system for turning the products into digital tokens on the blockchain. This includes tracking ownership, handling transfers, and connecting everything to the stablecoin payments system.
Metaplanet holds 43,000 BTC worth $2.47 billion. Only Strategy (MSTR) and Twenty One Capital hold more.
Bitcoin NewsJapantokenized credit
Related Assets
Bitcoin$64,126.03
0.17%
