Metaplanet responds to JPX index new regulations inquiry: does not affect the advancement of Bitcoin strategy and ecosystem development

ME News update: On April 5 (UTC+8), in response to the Japan exchange (JPX) announcing that it would delay including companies whose primary assets are cryptocurrencies in an index and seeking public input, Simon Gerovich, CEO of Metaplanet, a publicly listed company on Japan’s stock market, posted a reply on the X platform. He said he respects the relevant procedures and will actively participate, and that this will not affect advancing its Bitcoin strategy and ecosystem plans.

Simon Gerovich noted that Metaplanet was originally founded to give Japanese investors a compliant way to access Bitcoin through companies listed on the Tokyo Stock Exchange, but the company’s strategy goes beyond asset allocation. It will drive the development of Japan’s Bitcoin ecosystem through “Project Nova,” including setting up operating businesses and investing in industry partners. To date, more than 216,000 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. (Source: PANews)