DeCurret raised JPY 6.35bn to strengthen DCJPY network

DeCurret Holdings raised a total of JPY 6,35bn from a total of 13 companies including Internet Initiative Japan as the largest shareholder…

Norbert Gehrke

16 Sep 2024 — 1 min read

DeCurret Holdings raised a total of JPY 6,35bn from a total of 13 companies including Internet Initiative Japan as the largest shareholder, SBI Holdings, Hitachi, SHIZUOKA BANK, TIS, NSD, Fujitsu, KDDI, MUFG Bank, Higo Bank, Kagoshima Bank, GMO Financial Holdings, and ABeam Consulting.

Background

In recent years, digital settlements using central bank digital currencies (CBDCs), tokenized deposits and stablecoins are gradually moving into the commercialization phase. In August this year, DeCurret DCP, a subsidiary of DeCurret Holdings, has launched the digitalization of environmental values into digital assets and settlement transactions using DCJPY as the first step in the commercialization of the digital currency DCJPY.

The digital currency DCJPY is not only a digital settlement tool, but also a service to realize business and economic DX that can meet diverse needs such as business sophistication and manpower saving through workload reduction.

In addition to the environmental value projects launched this summer, DeCurret will work towards the creation of new economic zones, such as publicly offered self-subscribed digital securities and DAO Fun Token services. The fund raising is also aimed at expanding the business area through cooperation with existing economic spheres.

Purpose

With this fund raising, DeCurret will strengthen its business foundation and accelerate their business development. Together with all 43 investors, DeCurret will continue to actively promote initiatives and partnerships to realize the use of the digital currency DCJPY in diverse fields in the future.

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