Eric Trump attends Japan’s Metaplanet meeting to vote on capital plan

Eric Trump took the stage in Tokyo on Monday to throw his support behind Japanese bitcoin treasury company Metaplanet, as the US president's family expands its crypto ventures internationally.

Metaplanet called the meeting to approve a plan that would allow it to sell up to 550 million new shares overseas for 130.3 billion yen ($884.41 million), with the bulk of the proceeds to be spent on buying more bitcoin.

The second son of President Donald Trump was named in March as an adviser to Metaplanet, which holds more than $2 billion in bitcoin, and his attendance at the company's extraordinary shareholders' meeting followed an appearance last week at the Bitcoin Asia conference in Hong Kong.

The company's stock, listed on the Tokyo Stock Exchange, has jumped nearly 760% over the past 12 months, compared to a 14% rise in Japan's Topix index.