Bitcoin treasury company Metaplanet faces investor anger over equity allocation to insiders. Meanwhile, new data shows crypto funding has doubled in Southeast Asia, solidifying Singapore's position as a key regional digital asset hub.
Shareholders of Metaplanet, a firm focused on Bitcoin treasury, are very unhappy with how company stock was given to insiders. This decision has caused strong dissatisfaction among the company's investors. Separately, recent reports highlight a major increase in funding for cryptocurrency projects across Southeast Asia. Investment in the digital asset sector has doubled, underscoring the region's expanding influence. Singapore is now firmly established as the leading center for crypto and Web3 companies in Asia, attracting significant capital and innovation.
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