Metaplanet launches Hong Kong asset-management subsidiary focused on Bitcoin investments

Metaplanet, the Tokyo-listed company that has become Japan’s most prominent corporate Bitcoin holder, is planting a flag in Hong Kong with a new wholly-owned subsidiary dedicated to Bitcoin-backed asset management. Metaplanet Asset Management Asia Limited was approved on September 11, with $1 million in initial capitalization and a mandate to trade Bitcoin, Bitcoin-focused equities, preferred securities, and credit products tied to the Bitcoin treasury ecosystem. The subsidiary slots into a broader initiative called Project Nova, which is Metaplanet’s blueprint for evolving from a company that simply holds Bitcoin on its balance sheet into something more ambitious: a full-service, Bitcoin-centered financial platform spanning asset management and capital markets. Two cities, one strategy Hong Kong isn’t Metaplanet’s first international expansion. The company launched a Miami-based subsidiary back in March 2026, giving it a foothold in US markets. The Hong Kong office is designed to complement that operation by covering Asian trading hours, a window that represents a significant chunk of global Bitcoin volume but that a Miami desk can’t efficiently service. A treasury that keeps grow...