Metaplanet has approved the creation of a wholly owned Hong Kong subsidiary, Metaplanet Asset Management Asia Limited, with $1 million in planned initial capital to manage Bitcoin-linked investments during Asian market hours. The Tokyo-listed company expects to incorporate the business in September 2026 and said the unit will invest client funds and Metaplanet’s own capital across Bitcoin, listed equities, preferred securities, credit products and other liquid instruments.
According to the Sept. 11 disclosure, the new operation will handle trading, position monitoring and risk controls while U.S. markets are closed, complementing Metaplanet Asset Management in Miami, which was established in March 2026. Simon Gerovich, Darren Winia and Kelvin Lee will serve as initial directors. The Hong Kong arm is described as operating infrastructure within Project Nova, Metaplanet’s strategy to build securities, asset-management and capital-markets businesses around its Bitcoin treasury.
Metaplanet has been expanding its Bitcoin-focused financial services footprint. In June, it agreed to acquire Japanese brokerage Siiibo Securities for 2.1 billion yen, completed the transaction in July and renamed the business Metaplanet Securities. The group has also worked with JPYC and Progmat on potential Bitcoin-backed digital credit products, including digital corporate bonds and security tokens, though no launch or commercial terms have been decided.
The company reported a treasury of 43,000 BTC and continues to build its U.S. presence through a proposed transaction that would place 2,100 BTC and $2.5 million into Nasdaq-listed Super League Enterprise. Metaplanet said the Hong Kong subsidiary is expected to have only a minimal effect on consolidated results for the fiscal year ending Dec. 31, 2026, and did not disclose a launch date, initial assets under management, or local licensing status.
