Metaplanet CEO Simon Gerovich said JPX’s concerns are with companies that feature poor approvals and insisted the critique doesn’t apply to them.
Update Nov. 13, 9:20 am UTC: This article has been updated to include an official statement from Metaplanet.
Japan’s largest stock-exchange operator weighs new restrictions on publicly listed companies that pivot their core business into buying and holding crypto, signaling a potential shift in one of the most active markets for digital-asset treasury (DAT) firms.
Citing anonymous sources familiar with internal deliberations, Bloomberg reported that Japan Exchange Group (JPX) is exploring stricter scrutiny for companies that shift their core business into large-scale crypto accumulation. This includes adding fresh audit requirements and applying backdoor-listing rules to such companies.
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