ME News reports that on August 6 (UTC+8), JPYC, the issuer of the Japanese yen stablecoin, completed a B-round extension financing totaling approximately ¥6 billion. New investors include the logistics group AZ-COM Maruwa Holdings. The funds raised will be used to expand the financial and Web3 ecosystem and to implement JPYC’s on-chain financial solutions in offline payment, logistics, and integrated cash flow scenarios. (Source: Foresight News)
JPYC Completes ¥6 Billion Series B Expansion Funding
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Summary
JPYC, a Japanese yen stablecoin issuer, has secured 6 billion yen in funding during its B-round expansion. New investors include logistics firm AZ-COM Maruwa Holdings. The capital will support growth in financial and Web3 ecosystems, with a focus on on-chain innovations. JPYC plans to extend its on-chain financial use cases to offline payments, logistics, and capital flows.
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