Published Jul 27, 2026, 9:53 AM ET · Updated 4 months ago · 2 sources
THE BLOCK: Benchmark says investors are still valuing Metaplanet as a bitcoin proxy while it tries to build "a new kind of financial institution" around $BTC. The firm's latest vision is a tokenized fixed-income and securities platform offering bitcoin-backed "Bitbonds" to Japan's corporate bitcoin adopters.
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Original Report
THE BLOCK: Benchmark says investors are still valuing Metaplanet as a bitcoin proxy while it tries to build "a new kind of financial institution" around $BTC. The firm's latest vision is a tokenized fixed-income and securities platform offering bitcoin-backed "Bitbonds" to Japan's corporate bitcoin adopters.