Metaplanet Partners with Three Parties to Launch Joint Research on Bitcoin Digital Credit

TechFlow reports, July 10: According to an official announcement, Metaplanet Inc. (TSE Standard 3350), together with its subsidiary Metaplanet Securities (formerly Siiibo Securities, to be renamed on July 13), stablecoin company JPYC Inc., and security token infrastructure company Progmat, Inc., announced the launch of a joint study in the digital credit field, codenamed Project NOVA.

The study scope covers digital corporate bonds and other credit instruments, with core directions including: using Bitcoin as credit-enhancing collateral assets, utilizing security tokens for rights and holder management, achieving on-chain interest payments and redemption through stablecoins such as JPYC, and exploring the feasibility of 24/7/365 transaction settlement and daily pro-rata interest calculation.