JPYC Corporation, the issuer of the Japanese yen stablecoin, has announced the completion of its Series B funding round, raising a total of 5 billion JPY (approximately $31.4 million) across its first and second funding rounds. New institutional investors include Life Design Fund, IHD STRATEGY FUND, Awagin Future Creation Investment Limited Partnership, and Meiji Yasuda Future Co-creation Investment Limited Partnership. The funds will be used to expand the financial and Web3 ecosystems.
JPYC Completes Series B Funding of 500 Million Yen
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Summary
JPYC Co., Ltd., the issuer of the Japanese yen stablecoin, has announced project funding news, completing its Series B round with 5 billion yen (approximately $31.4 million USD) raised across two rounds. New investors include Life Design Fund, IHD STRATEGY FUND, Awagin Future Creation Investment Limited Partnership, and Meiji Yasuda Future Co-creation Investment Limited Partnership. This partnership announcement represents a key step in JPYC’s strategy to expand its financial and Web3 ecosystems.
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