Metaplanet, a company traded publicly in Japan, has announced a partnership with SBI VC Trade, the cryptocurrency division of SBI Group, a financial services giant. The collaboration is aimed at supporting Metaplanet’s continuous efforts to increase its corporate Bitcoin holdings.

Through the partnership, Metaplanet gains access to SBI’s custodial services with a specific focus on tax efficiency and the potential use of Bitcoin as collateral for financing.

The company has expressed its intention to explore financial instruments that provide greater “financial flexibility” as its funds grow. To date, Metaplanet has acquired 360 Bitcoins, valued at $207 million, using its primary reserve asset as collateral to enhance its ability to secure equity and debt financing.

The partnership with SBI VC Trade allows Metaplanet, a Japanese investment firm, to enhance its capabilities in Bitcoin trading, storage, and management, as announced on Monday.

This aligns with Metaplanet’s vision of becoming a modern financial services provider and introduces additional flexibility to the firm’s corporate strategy, particularly in its ongoing initiatives in equity and debt financing.

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SBI VC Trade is a cryptocurrency exchange platform operated by SBI Group, a leading financial services company in Japan. It offers a wide range of cryptocurrency trading services, including spot trading, leverage trading, and margin trading. SBI VC Trade is known for its user-friendly interface, competitive fees, and a variety of supported cryptocurrencies.

As the treasury of Metaplanet grows, the company’s team is actively exploring various tools and strategies to further enhance its financial agility. SBI VC Trade functions as a crypto exchange platform that enables users to trade various digital assets and offers additional services such as spot trading and margin trading.

Metaplanet has gained significant attention due to its substantial investment in Bitcoin, leading to its comparison with MicroStrategy and earning it the nickname “Asia’s MicroStrategy” due to its aggressive Bitcoin accumulation.

The decision to invest in Bitcoin is influenced by economic conditions, including the depreciation of the Japanese yen compounded by persistent low-interest rates.

By integrating Bitcoin into its reserves, Metaplanet actively seeks to protect against inflation and currency devaluation, leveraging Bitcoin’s status as a digital form of gold.

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While currently listed on the Tokyo Stock Exchange (TSE), which limits access for US investors, Metaplanet is actively planning to tokenize its shares on the Bitcoin layer-2 network, Liquid.

As of September 2nd, Metaplanet holds 360.4 Bitcoins, valued at $20.7 million. This strategic partnership with SBI VC Trade marks a significant milestone for Metaplanet as it continues to fortify its presence in the cryptocurrency arena while exploring innovative financial strategies.