Metaplanet to Begin Trading in the U.S. via ADR on OTC Market

icon币界网
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Metaplanet is now available in the U.S. via ADR on the OTC market under the ticker MPJPY. The listing gives U.S. investors access to the firm’s Bitcoin balance sheet. Altcoins to watch may include this new entrant as trading volume builds. The ADR is backed by existing equity. Metaplanet has a Miami office with $15 million in funding. It holds 30,823 BTC and paused purchases in September. The firm’s valuation is now 1.12 times its Bitcoin net asset value.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.