Metaplanet, the Tokyo-listed company that has built one of Asia’s largest corporate Bitcoin reserves, is moving well beyond Bitcoin accumulation. The company announced on Monday the establishment of two wholly-owned subsidiaries, one focused on building Japan’s Bitcoin financial infrastructure from scratch, and another based in Miami designed to bridge Asian and Western capital markets.

The company’s core Bitcoin accumulation strategy remains unchanged. “Every Bitcoin transaction has two sides. Bitcoin and currency. As this market goes institutional, that currency side goes digital. JPYC is building that rail in Japan and we want to be part of it,” Gerovich said.

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