Exchanges· ★★★· bullish·

Metaplanet opens Hong Kong subsidiary to manage BTC

  • Initial capital of the Hong Kong subsidiary is $1 million
  • The company will handle trade execution and position monitoring during Asian hours
  • The move is part of Project Nova to build a financial platform
  • Metaplanet will own 100% of the new company
Why it matters: Expanding its operational capacity strengthens Metaplanet's role as one of the largest public BTC treasury companies and could influence Bitcoin demand.
Source: BITTIMES