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Metaplanet responds to JPX new regulation inquiry: Respect the relevant procedures and will not affect the advancement of BTC strategy and ecosystem development.
Deep Tide TechFlow message, April 05, Japan’s Bitcoin treasury-listed company Metaplanet’s CEO Simon Gerovich posted on the X platform in response to Japan’s exchange (JPX) announcing a request for public comments on delaying the inclusion of companies whose main assets are cryptocurrencies in an index. He said he respects the relevant process and will actively participate; it will not affect advancing its Bitcoin strategy and ecosystem positioning. He added that Metaplanet was founded with the initial goal of giving Japanese investors a compliant way to gain exposure to Bitcoin through a company listed on the Tokyo Stock Exchange, but the company’s strategy is not limited to asset allocation. It will promote the development of Japan’s Bitcoin ecosystem through “Project Nova,” including setting up operating businesses and investing in industry partners. To date, more than 216k Japanese shareholders have participated in this strategy. Metaplanet will continue to maintain constructive communication with all parties, including JPX, to improve the market’s understanding of Bitcoin and the company’s role in Japan’s financial system.