The post MetaPlanet to Launch Bitcoin-Backed Stock Offering 10% Yield in Japan appeared first on Coinpedia Fintech News
A Japanese-listed company, MetaPlanet, is preparing to launch Bitcoin-backed preferred stock. This new financial product could reshape Japan’s fixed-income market. With interest rates in Japan staying historically low, MetaPlanet plans to offer yen-denominated securities with high annual yields of 9 to 10 percent, using Bitcoin as collateral. The Problem in Japan’s Financial Market Crypto expert …
