Japan-based Metaplanet Inc., often called Japan's MicroStrategy, announced on September 2 a significant strategic partnership with SBI VC Trade, a subsidiary of the Japanese financial services giant SBI Group. This collaboration marks a crucial step toward broader cryptocurrency adoption and integration within Japan's economic landscape.
The cooperation of Metaplanet with SBI VC Trade specializes in Bitcoin purchase and sale, as well as Bitcoin custody and administration, for the specific goal of improving the corporate Bitcoin acquisition tactics. Metaplanet, which currently holds 360.368 bitcoins valued at approximately 3.45 billion Japanese yen, aims to leverage this partnership to optimize its financial strategies. This move aligns with Metaplanet's ongoing efforts to integrate modern financial services into its operations, further emphasizing the importance of Bitcoin in corporate finance.
The post "Metaplanet Partners With SBI VC Trade for Bitcoin Acquisition" first appeared on 36crypto.com News.