<h1>Metaplanet's $137M Bitcoin raise and tighter South Korea crypto rules prompt focus on utility tokens and presale projects.</h1> South Korea amended crypto licensing to broaden background checks and permit conditional FIU licences for exchanges and major shareholders, while Tokyo-listed Metaplanet raised about $137 million via share issuance and stock acquisition rights to buy Bitcoin, expand its Bitcoin income business and repay debt; warrants limit near-term dilution. The market note links clearer regulation and institutional capital to investor interest in utility-focused token presales, highlighting DeepSnitch AI's advertised live on chain monitoring tools, staking mechanics and promotional presale pricing.