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Metaplanet equity backlash, SE Asia crypto funding doubles: Asia Express

cointelegraph.com · Sep 10, 2026 at 23:21

Metaplanet equity backlash, SE Asia crypto funding doubles: Asia Express
cointelegraph.com Sep 10, 2026

Shareholders of Bitcoin treasury company Metaplanet are seething over equity allocations for insiders, while new figures cement Singapore’s role as the top Asian crypto hub.

Japanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. 

Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool, which was designed as 20% of fully diluted shares and automatically expanded as the company issued new shares to fund its Bitcoin (BTC) accumulation.

Some shareholders are now asking Metaplanet to cancel the additional 273 million shares created from the changes and to provide more transparency on future decisions.

Bitcoin Magazine CEO David Bailey defended Metaplanet and said that giving the team 20% of the cap table over five years “isn’t some crazy number” but many shareholders disagree.

Citi plans to offer Japanese companies near-instant international payments through blockchain-based infrastructure, including outside standard banking hours.

Investment in south east asian crypto firms doubled between 2025 and 2026, with the region recording 25 funding rounds worth $680 million in 2026. That’s up from just 319 million according to private market data platform Tracxn. Unfortunately the figures mean more funds are going to fewer companies, as there were 46 funding rounds last year.

Singapore has taken out the number one spot as Asia’s preeminent crypto hub, and is home to 2,285 of the 3,957 blockchain companies in the entire region. It has also accounted for 82.5% of all time blockchain equity funding tracked across the region.

United States authorities restrained more than $52 million in crypto linked to scam marketplace Xinbi Guarantee and its vendor network as part of a coordinated operation. 

The US Justice Department said its Scam Center Strike Force seized two wallets used by Xinbi to collect vendor payments containing about $12 million. Law enforcement also sought restraints against 47 additional wallets believed to be connected to money laundering across Xinbi’s network. 

The Office of Foreign Assets Control (OFAC) designated Xinbi as a significant transnational criminal organization. OFAC also sanctioned Singapore-based SafeW Technology and Cambodia-based Anwen Technology for allegedly providing technological and financial support to Xinbi. 

Crypto exchange Gemini has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), completing its transition from the in-principle approval granted nearly two years ago. 

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