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Financing/Fundraising

News linked to both this project and an event.

4% Annual Interest Rate, Metaplanet Launches Its First Bitbonds Issuance in Japan

: BitcoinTreasuries.NET posted on platform X that Metaplanet, through Metaplanet Securities, has launched its first Bitbonds issuance in Japan for select shareholders, with an annual interest rate of 4%. This makes Metaplanet a treasury company that raises funds at the lowest capital cost to purchase more BTC.

Metaplanet subsidiary Bitcoin Japan plans to raise 9.66 billion yen to launch Bitcoin reserves

According to Bitcoin Magazine, Metaplanet subsidiary Bitcoin Japan announced that it has signed a convertible bond financing agreement with EVO Fund, planning to raise 9.66 billion yen to establish a Bitcoin reserve, with the first Bitcoin purchase amount exceeding 662 million yen.

JPYC, the issuer of the yen-pegged stablecoin, has completed a $17.62 million Series B extension round.

According to NADA NEWS, JPYC, the issuer and operator of the Japanese yen-pegged stablecoin JPYC, announced that it has raised an additional $17.62 million in the second closing of its Series B funding round. Combined with the first closing, the total funds raised are expected to reach approximately $28.93 million. Participating investors include NCB Venture Capital, Metaplanet, Kitao Bank, and Yokohama Capital, among others. The newly raised capital will be primarily used for system and application development, hiring talent for business expansion, stablecoin issuance and redemption, trading, payments, management-related operations, and new strategic investments. JPYC stated that, as of April 15, its cumulative issuance has exceeded approximately $13.21 million. The stablecoin is currently supported on Avalanche, Ethereum, and Polygon, and the company is considering adding support for Kaia and Arc.