Metaplanet to debut US trading with Deutsche Bank under MPJPY
Metaplanet will debut US trading via American Depositary Receipts, aiming to broaden access for US investors without raising new capital.
Metaplanet, a Japanese Bitcoin treasury company, is set to begin trading in the United States on the OTC market via American Depositary Receipts (ADRs).
Trading in Metaplanet’s ADRs is expected to start on Friday, with its shares listed in US dollars on the over-the-counter (OTC) market under the ticker symbol MPJPY, according to an announcement.
“This directly reflects feedback from US retail and institutional investors seeking easier access to our equity,” Metaplanet CEO Simon Gerovich said in an X post on Friday, adding that the launch marks another step to broader global access to the company.
