Japanese Yen Stablecoin Issuer JPYC Reaches ~JPY 6bn Total Series B Funding Following Extension Round
JPYC Inc., the developer and operator of the Japanese yen-pegged stablecoin "JPYC," announced the completion of its Series B extension round, bringing total Series B fundraising to approximately ¥6 billion.
This round follows in the footsteps of the Series B First Close in February, and the Series B Second Close in April 2026.
The extension round saw new capital participation from logistics leader AZ-COM MARUWA Holdings, which contributed approximately ¥1 billion. This follows an earlier capital and business alliance between JPYC and AZ-COM MARUWA.
According to the Tokyo-based startup, the fresh capital will be deployed to expand its ecosystem across both traditional finance and Web3 sectors, accelerating the social adoption of the JPYC stablecoin.
Key facts regarding the firm and its funding round include:
- Funding Milestone: Series B extension brings total Series B fundraising to approximately ¥6 billion.
- New Investor: AZ-COM MARUWA Holdings Inc. (~¥1 billion investment).
- Regulatory & Issuance Status: Registered as a Funds Transfer Service Provider in August 2025, JPYC became Japan's first registered provider to issue a yen-pegged stablecoin. JPYC is 1:1 redeemable for Japanese yen and backed by fiat reserves, including bank deposits and Japanese government bonds (JGBs).
- Supported Blockchains: Avalanche, Ethereum, Polygon, and Kaia, with plans to expand to additional networks.
- Strategic Focus: Integrating commercial, logistics, and financial data flows into "on-chain finance," aligning with the Japanese government's "Basic Policy on Economic and Fiscal Management and Reform 2026" guidelines.
Norbert Gehrke
