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2026-07-11 12:34:34 UTC

rwatimes on Nostr: 📰 Metaplanet Stock Rallies Over 4% Amid Plans for a BTC-Backed Digital Credit ...

📰 Metaplanet Stock Rallies Over 4% Amid Plans for a BTC-Backed Digital Credit Market
🗓️ Jul 11 2026 10:45 UTC - Moses K

Metaplanet stock rose 4.20% to 248 yen as it unveiled plans with JPYC and Progmat for a Bitcoin-backed digital credit market with 24/7 trading in Japan.

➤ Metaplanet, in collaboration with JPYC and Progmat, is exploring the creation of a Bitcoin-backed digital credit market in Japan.
➤ The initiative aims to enable 24/7 trading, stablecoin settlement, and daily interest calculations for tokenized corporate bonds and other debt instruments.
➤ While no product launch is confirmed, the study focuses on leveraging Bitcoin as active collateral to potentially lower issuance costs and broaden access to credit markets for mid-sized companies.

#metaplanet #bitcoin #jpyc #progmat #digitalcredit #tokenizedbonds #japan #stablecoinsettlement #247trading #collateral

🔗 Read more at: https://rwatimes.io/articles/themarketperiodical-metaplanet-stock-rallies-over-4-amid-plans-for-a-btc-backed-digital-credit-market-1563482043