Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Metaplanet Inc.
16 Articles
16 Articles
MetaPlanet Expands Bitcoin Empire with U.S. Trading Debut for Investors
Metaplanet, a Japan-based public company listed on the Tokyo Stock Exchange, is pleased to introduce a new American Depositary Receipts (ADRs) with a ticker $MPJPY. Even Metaplanet has its existing OTC ticker, $MTPLE. The main purpose of this launch is to expand the U.S. Trading debut for investors by holding Bitcoin ($BTC) in the Treasury House. 🚨 JAPAN’S METAPLANET MAKES U.S. DEBUT WITH NEW ADRs 🇺🇸 Metaplanet’s American Depositary Receipts…
Metaplanet, announced this Friday the launch of an American Depositary Receipt (ADR) sponsored Level I program to attract investors in the U.S. OTC market. Dylan Le Clair, head of Bitcoin strategy for the company, confirmed that the ADRs will begin trading on December 19 under the MPJPY ticker, facilitating access to institutional and retail investors through regulated infrastructure and with lower transaction costs. U.S. trading of Metaplanet A…
Metaplanet plans to attract OTC U.S. investors with a sponsored ADR program
Japanese Bitcoin treasury firm Metaplanet has announced plans to launch a sponsored Level I ADR program to attract U.S. OTC (over-the-counter) investors. The ADRs will trade under the ticker MPJPY starting December 19, replacing the existing OTC trading under the ticker MTPLF. Dylan Le Clair, the company’s head of Bitcoin strategy, stated that the ADRs are currently limited to OTC trading, rather than being listed on the NYSE or Nasdaq. However,…
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