Metaplanet Plans Bitcoin-Backed Bitbonds With 6% Yields

TLDR

• Metaplanet plans to explore Bitcoin-backed Bitbonds offering projected annual yields of 4% to 6%.
• The company launched Project NOVA with yen stablecoin issuer JPYC and tokenization platform Progmat.
• The proposed Bitbonds could use Metaplanet’s Bitcoin reserves as collateral for fixed-income products.
• The partners are studying on-chain bond settlement using stablecoins to reduce costs and settlement delays.
• Metaplanet held about 43,000 BTC by early July 2026, supporting its bitcoin-backed product strategy.

Metaplanet is studying a plan to issue bitcoin-backed bonds that could offer annual yields of 4% to 6%. The Tokyo-listed company wants to use its large Bitcoin reserve to support new credit products for Japanese investors.

The proposal remains at an early stage. Metaplanet has not released final terms, launch dates, or confirmed coupon rates. Benchmark analysts provided the projected yield range for the planned products, known as Bitbonds.

Metaplanet Joins Project NOVA

Metaplanet announced Project NOVA on July 10 with JPYC and Progmat. JPYC issues a yen-linked stablecoin, while Progmat provides technology for tokenized securities and digital asset settlement.

… Continue reading the full article at the original source below.