Metaplanet faces shareholder dissent while SE Asia crypto funding surges
- Metaplanet’s executive stock pool, set at 20% of fully diluted shares, has led to shareholder backlash over concerns of stock dilution.
- In Southeast Asia, crypto funding doubled to $680 million in 2026, with Singapore securing 82.5% of the region’s blockchain equity funding.
- The US sanctioned the Xinbi scam marketplace, restraining over $52 million in crypto linked to its operations.
- Gemini received a Major Payment Institution license from Singapore’s Monetary Authority, enabling broader payment services.
- Circle announced a $400 million acquisition of Tazapay, enhancing its cross-border payment capabilities.
The ongoing tension at Metaplanet highlights investor concerns regarding governance and transparency amid significant changes in share structure. Meanwhile, Southeast Asia’s rapid growth in crypto funding underscores its rising prominence as a global hub for blockchain innovation.
With Singapore capturing $680 million in crypto investments and regulatory advancements like Gemini’s MPI license, the region is poised for further growth and development in the cryptocurrency landscape. (Source)
