Crypto
Friday, 7/10, 10:37 PM
Metaplanet Studies Bitcoin-Backed Credit Products for Japan
- Metaplanet, the Tokyo-listed company that has amassed one of the world's largest corporate Bitcoin hoards, says it will study how to use that Bitcoin to back new digital credit products in Japan.
- Note the word study: this is an early joint exploration with partners, not a launched product, and it comes with the sizable risks that lending against a volatile asset always carries.