What happened to Metaplanet Inc JP (MTPLF). I own some stocks there but its completely disappeared from Vested with no warning. Is there some news/notification that went out that I missed?
Hi @Varun_Nexus_824
Metaplanet Inc. JP is no longer an eligible security in the Depository Trust Company (DTC), and as such, our clearing partner, DriveWealth, can no longer settle it. DTC eligibility refers to securities cleared and settled through the DTC system in the United States, facilitating electronic transfers and ownership of securities. Metaplanet is a publicly traded company on the Tokyo Stock Exchange and OTCQX, primarily listed in Japan.
On Vested, you will still retain your existing holdings in Metaplanet and can sell them at any time, but you will not be able to open new positions in the security.
We can sell MTPLF, right?
Yes, you can still sell your existing positions.
Metaplanet seems to be planning a US subsidiary listing as it seems apparent from this news -
https://www.binance.com/en/square/post/26040683944274&ct=ga&cd=CAEYACoUMTgyNzA5OTUyMTgxMTI2MTMxMDYyHDJmYWE5NmZkMWRiMjQ3Y2U6Y28uaW46ZW46SU4&usg=AOvVaw3jaFbjlyQgS6omZBOMRM0f
In coordination with the Vested support team, I am also explicitly trying to get to the bottom of what should ultimately force us sell off our Metaplanet holdings and how Vested can more proactively keep us informed of such delisting events.
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