Today, at the board meeting, we resolved to establish two wholly-owned subsidiaries: Metaplanet Ventures, Inc. and its U.S. subsidiary, Metaplanet Asset Management Inc. Metaplanet Ventures embodies our commitment to the Japanese Bitcoin ecosystem. Over the next few years, we will invest 4 billion yen in companies that are building Bitcoin financial infrastructure in Japan. This includes lending, payments, custody, stablecoins, derivatives, and compliance. Additionally, we will launch an incubator program aimed at Japanese entrepreneurs, as well as a grant program for open-source developers, educators, and researchers. Japan has established the most advanced regulatory framework for digital assets in the world. What is needed next are companies, builders, and infrastructure that match this framework. We aim to support this realization. Metaplanet Asset Management will be established in Miami and will serve as a platform for digital credit and Bitcoin capital markets, connecting capital markets in Asia and the U.S. We plan to deploy yield, equity, credit, and volatility strategies. Specific products will be announced sequentially in the future. As our first investment through Ventures, we have signed a basic agreement to invest up to 400 million yen in JPYC, Inc., the first registered Japanese yen stablecoin in Japan. Bitcoin transactions always have two aspects: Bitcoin and currency. As this market expands with the participation of institutional investors, the currency side of payments will transition to digital. JPYC is building that infrastructure in Japan. We also want to play a part in its development. For timely disclosures, please refer to the following.