"About half of Japan’s household wealth is kept in cash or current accounts, because for years savings have made no money. That is changing as interest rates rise, forcing banks to compete on savings offers."

Metaplanet Files ¥555B ($3.69B) Shelf Registration for Two Classes of Perpetual Preferred Stock
Class A: Senior, Fixed, Cumulative, ≤6% Dividend
Class B: Convertible, Cumulative, ≤6% Dividend
Mission: Lead a Renaissance in Japan’s Fixed Income Capital Markets.

Retail Investors Are on a “Corporate Bond Buying Spree” – Rakuten Bonds Sell Out Instantly; Urgent Need to Expand Bond Fund Offerings - Nikkei

Money market funds is a big market…

$MSTR Variable-Rate Preferred Offering $STRC "Stretch" Targeting Money Market Funds, Aiming for Fixed $99-$101 price range for $STRC w/ monthly dividends.
ATM Selling Above $101, No Selling + Increasing Dividend Below $99.

$MSTR Debuts $STRC: $500M Variable-Rate Perpetual Preferred
$100 par, 9% initial yield, monthly variable dividend w/ SOFR floor & 25bps max cut, ratcheting liquidation preference (greater of par, 10-day VWAP, or last trade).

Metaplanet is hiring a Design Lead (Contract-to-Hire, Remote) to help build our web presence and shape all brand touchpoints—from decks and merch to UI and more.
Apply here:

It now holds a 1.58% weight and represents 8.92% of total index market cap.

For centuries, starting from first principles and freed from the constraints of physical settlement, one could only theorize the architecture of an ideal monetary foundation—anchored not in trust, but in absolute scarcity: independently verifiable, programmatic supply issuance, trivially portable across space, and increasingly costly to produce as human industrial and technological capacity advanced.
With a theoretically perfected base layer, the design surface shifts to the liability side. Gold standard banking models failed not just from leverage, but from structural flaws: short-term, redee

“Notably, the June trading volume for Metaplanet exceeded that of Prime Market giants such as Toyota Motor (¥1.6445 trillion) and Sony Group (¥1.3153 trillion)” - Reuters