Metaplanet to Study Bitcoin-Backed Digital Credit Products With JPYC and Progmat

Metaplanet said it will jointly study bitcoin-backed digital credit products with JPYC, Progmat, and Metaplanet Securities. According to Odaily, Metaplanet announced on July 10, 2026 that the research will examine using Bitcoin as collateral for tokenized instruments, including settlement via a yen stablecoin and digital corporate bonds managed through security tokens. Metaplanet said the study has not yet produced a product and that no issuance date, interest rate, product structure, or sales method has been determined. The company added that its Bitcoin holdings are not currently pledged to any specific product. Metaplanet said it held about 43,000 BTC as of the end of the second quarter of 2026.