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Metaplanet responds to JPX new regulation inquiry: Respect the relevant procedures and will not affect the advancement of BTC strategy and ecosystem development.
Deep Tide TechFlow message, April 05, Japan’s Bitcoin treasury listed company Metaplanet, in response to the Japan Exchange Group (JPX) announcing a delay to include companies whose primary assets are cryptocurrencies in the index, sought public input. On X, Metaplanet’s CEO Simon Gerovich said he respects the relevant process and will actively participate. This will not affect advancing its Bitcoin strategy and ecosystem layout. He added that Metaplanet’s founding purpose is to give Japanese investors a compliant way to access Bitcoin through a company listed on the Tokyo Stock Exchange, but the company’s strategy goes beyond asset allocation, and it will drive the development of Japan’s Bitcoin ecosystem through “Project Nova,” including building operating businesses and investing in industry partners. To date, more than 216k Japanese shareholders have participated in this strategy. Metaplanet will continue to maintain constructive communication with all parties, including JPX, to improve market understanding of Bitcoin and the company’s role in Japan’s financial system.