Metaplanet equity backlash, SE Asia crypto funding doubles: Asia Express
60-second summary
Shareholders of Bitcoin‑treasury firm Metaplanet protest insider equity allocations, claiming the split favors executives over investors and threatens governance standards, while new data show Southeast Asian crypto funding doubling to $2.3 billion in the past year, cementing Singapore’s position as the region’s leading hub and signaling intensified capital inflows that could boost ecosystem growth.
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.