Japan’s Metaplanet has been gathering up Bitcoin for around six months and now wants to enter the crypto media space launching a local version of Bitcoin Magazine.
Tokyo-based investment firm Metaplanet Inc. has finalized a deal to license a Japan-based franchise of crypto news media outlet Bitcoin Magazine just six months after purchasing Bitcoin for the first time.
Metaplanet said on Nov. 25 that it had wrapped an exclusive licensing agreement deal with BTC Media Inc. — a subsidiary of BTC Inc. that operates the publication — to “the rights to launch Bitcoin Magazine Japan.”
Metaplanet said the outlet is slated for a “full rollout” in the first quarter of 2025. The two companies first signed an agreement for Metaplanet to operate the publication in July. The venture capital arm of BTC Inc., UTXO Management, has also invested in Metaplanet.