Metaplanet, the Tokyo Stock Exchange-listed company known for its substantial Bitcoin treasury, announced that its board approved the creation of Metaplanet Asset Management Asia Limited. The wholly owned subsidiary is expected to be incorporated in Hong Kong during September 2026 with an initial capital contribution of $1 million. Metaplanet will retain full ownership of the entity.

Simon Gerovich, Darren Winia and Kelvin Lee will serve as the initial directors. The unit is designed to invest both client funds and Metaplanet’s proprietary capital in Bitcoin, listed equities, preferred securities, credit products and other liquid instruments. Its core responsibilities include trade execution, position monitoring and risk controls during Asian market hours, when U.S. markets are closed.

Complementing Existing Global Operations

The Hong Kong subsidiary will operate alongside Metaplanet Asset Management, the group’s Miami-based institutional investment hub established in March 2026. Miami remains the central platform for institutional strategies, while the new Asian entity provides execution and operational support across the Asia-Pacific region. Together the structure is intended to deliver continuous coverage spanning Asia, the United States and Europe.

Metaplanet positions the Hong Kong unit as an operating platform within Project Nova, its initiative to develop securities, asset-management and capital-markets businesses built around its Bitcoin holdings. Project Nova encompasses credit products, preferred securities and investment structures linked to Bitcoin-focused companies.

No specific launch date for client services, initial assets under management or external investors was disclosed. The announcement also did not identify a Hong Kong Securities and Futures Commission license or confirm whether activities would operate under a local license, an exemption or through another regulated group entity.

Recent Expansion Steps

In June 2026 Metaplanet agreed to acquire Japanese brokerage Siiibo Securities for 2.1 billion yen, equivalent to approximately $13.6 million. The transaction closed in July and the firm was renamed Metaplanet Securities. The brokerage holds a Type I Financial Instruments Business registration in Japan.

Separately, Metaplanet has been studying Bitcoin-backed digital credit products in collaboration with JPYC and tokenization firm Progmat. No product launches or commercial terms have been finalized. Possible structures under review include digital corporate bonds, security tokens and credit instruments supported by Bitcoin collateral, all subject to technical, internal and regulatory reviews.

In August the company announced a transaction involving Nasdaq-listed Super League Enterprise. Metaplanet plans to contribute 2,100 BTC and $2.5 million, securing an expected 95.7 percent stake before accounting for certain warrants. Super League intends to rebrand as Superplanet and adopt the ticker SUPA. Metaplanet would appoint five of nine board members, and the agreement includes a five-year lockup on common shares issued to the group. Gerovich has described the arrangement as Metaplanet’s pathway into U.S. capital markets.

Bitcoin Treasury Position

Metaplanet reported holdings of 43,000 BTC after purchasing 2,823 BTC in the second quarter of 2026. In August, 5,014 BTC moved between company-controlled custodial addresses. Gerovich confirmed the transfers did not involve any sales.

The Hong Kong filing lists potential investment categories that include Bitcoin-related perpetual preferred securities, derivatives and structured-product income strategies, as well as equity and credit investments involving corporate Bitcoin holders. Any specific products remain subject to operational and regulatory requirements in the relevant jurisdictions.

Metaplanet stated it would provide further disclosure if any material financial effects arise from the new subsidiary.