Today Metaplanet, Metaplanet Securities, JPYC, and Progmat announced a joint study in digital credit, combining Bitcoin, stablecoin settlement, and security token infrastructure.
Japan’s corporate bond market is built for large public issuers. Mid-sized and growth companies are effectively priced out. We are studying whether Bitcoin-backed digital credit can enable 24/7/365 trading and settlement with daily prorated interest, bridging Japan’s conventional securities market and the digital asset market.
This is Project NOVA at work: using Bitcoin’s strength as an asset to open Japan’s credit markets to companies the current system prices out.