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Metaplanet responds to an inquiry about JPX index new regulations: it does not affect its plan to advance its Bitcoin strategy and ecosystem.
ME News message. On April 5 (UTC+8), in response to Japan Exchange Group (JPX)’s announcement that it will delay the inclusion of companies whose primary assets are cryptocurrencies in the index, Simon Gerovich, CEO of Metaplanet, a Japan-based Bitcoin treasury listed company, posted a reply on the X platform saying that they respect the relevant procedures and will actively participate, adding that this will not affect the rollout of its Bitcoin strategy and ecosystem development.
Simon Gerovich noted that Metaplanet was founded with the original goal of providing Japanese investors with a compliant way to gain exposure to Bitcoin through companies listed on the Tokyo Stock Exchange. However, the company’s strategy goes beyond asset allocation, and it will drive the development of Japan’s Bitcoin ecosystem through “Project Nova,” including establishing operating businesses and partnering with industry players for investments. To date, more than 216,000 Japanese shareholders have already taken part in this strategy. Metaplanet will continue to maintain constructive communication with all parties, including JPX, to increase market awareness of Bitcoin and the company’s role in Japan’s financial system. (Source: PANews)