Yen Stablecoin Issuer JPYC’s Series B Funding Reaches $38M
10 Articles
10 Articles
JPYC has raised $38 million as AZ-COM Maruwa backs stablecoin expansion in Japan
JPYC has raised a total of 6 billion yen ($38 million) through an extended Series B round, adding fresh corporate backing as the Japanese stablecoin issuer expands its payment network and Web3 financial services. JPYC Inc. announced on Wednesday that…
JPYC Raises $38M as Japan's Yen Stablecoin Race Heats Up
How Will JPYC Use Its New Funding? Japanese stablecoin issuer JPYC has raised 6 billion yen, or about $38 million, through an extension of its Series B funding round as it seeks to expand the use of its yen-pegged digital token across payments, finance and Web3 services. The latest financing includes a fresh 1 billion yen, or $6.3 million, investment from Tokyo-listed logistics company AZ-COM Maruwa Holdings. Metaplanet Ventures announced in Mar…
STABLECOINS | Major Japanese Logistics Firm Invests in a Yen Stablecoin
Japanese stablecoin issuer, JPYC, has raised 6 billion Yen ($38 million) in an extended Series B funding round bringing its total funding since 2021 to about $106 million as it seeks to accelerate adoption of its regulated Yen-backed stablecoin. The latest round added Japanese logistics firm, AZ-COM Maruwa Holdings, as a strategic investor. The companies plan to integrate JPYC into logistics and payment operations with AZ-COM expected to use the…
JPYC stablecoin issuer raises $38M in Series B round
JPYC, the Tokyo issuer of Japan’s first licensed yen stablecoin, has closed a Series B extension, lifting the funding round to roughly 6 billion yen (about $38 million). The round includes the logistics group, AZ-COM Maruwa Holdings, coming in as a new investor. The company also plans to pay out the fees and salaries of about 2,300 people using the JPYC token. What is JPYC? JPYC is a digital token, launched in October 2025, that always equals o…
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