JPYC Completes Series B Financing, Total Funding Reaches $314M

MarsBit

Release Time: 05/23/2026 02:06:36

Summary

JPYC Completes Series B Financing, Total Funding Reaches $314M According to MarsBit, on May 23, Japanese yen stablecoin issuer JPYC announced the completion of its Series B second round of financing, with total funding expected to reach approximately 5 billion yen. New investors include Life Design Fund, IHD STRATEGY FUND, a fund under Apo Bank, and Meiji Yasuda Future Co-Creation Fund. JPYC will utilize the new capital for system development, business expansion, and AI-powered M2M payment use cases. The company holds a Japanese Money Transfer Operator license and complies with stablecoin regulations. JPYC’s stablecoin, pegged 1:1 to the Japanese yen, has facilitated over 18,000 accounts and 35 billion yen in transaction volume. The token is deployed on Ethereum, Polygon, Avalanche, and Kaia, and supports CFT measures through its robust compliance framework.

Huo Xing Cai Jing reports that on May 23, Japan-based yen stablecoin issuer JPYC announced that its Series B second round of funding is nearing completion, with total raised capital expected to reach approximately ¥5 billion. New investors in this round include Life Design Fund, IHD STRATEGY FUND, the fund under Apo Bank, and Meiji Yasuda Future Co-Creation Fund. JPYC stated that the new funding will primarily be used for system and application development, hiring business expansion talent, advancing stablecoin payment and management services, and building M2M (machine-to-machine) payment use cases powered by AI agents. JPYC received its Japanese money transmitter license in 2025 and began issuing its 1:1 yen-pegged stablecoin, JPYC, the same year. The company reported that within seven months of issuance, it has accumulated 18,000 accounts, with total issued volume exceeding ¥2.5 billion and cumulative transaction volume surpassing ¥35 billion. JPYC is currently deployed on Ethereum, Polygon, Avalanche, and Kaia, and has integrated with LINE’s Web3 wallet “Unifi,” aiming to drive widespread adoption of stablecoins among general Japanese users.

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