A recent move by Capital Group, one of the world's largest asset managers, has drawn attention in the digital asset space. Its SMALLCAP World Fund has significantly increased exposure to MetaPlanet ($MTPLF), a company focused on advancing Bitcoin’s commercial infrastructure, now holding 61.2 million shares—valued at approximately $196 million.
Institutional Capital Fuels Blockchain Expansion
This strategic positioning reflects growing confidence among traditional financial players in the long-term potential of blockchain technology. MetaPlanet has been actively expanding its mining operations and developing on-chain solutions, making it an attractive target for institutional investors seeking exposure to Bitcoin's ecosystem.
- Stake represents a material allocation within the small-cap portfolio
- Company market cap surged over 300% in the past 12 months
- Multiple Wall Street firms have recently upgraded their outlook
Experts suggest this marks a shift toward mainstream adoption, with more institutional capital likely to follow in the coming quarters.