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# Stablecoin Issuer JPYC Inc. Secures 2.8 Billion Yen in Series B Second Close to Accelerate Digital Yen Integration
- URL: https://www.fintechobserver.com/stablecoin-issuer-jpyc-inc-secures-2-8-billion-yen-in-series-b-second-close-to-accelerate-digital-yen-integration/
- Published: 2026-04-21T08:32:37.000Z
- Updated: 2026-04-21T08:32:37.000Z
- Author: Norbert Gehrke
- Tags: venture capital, stablecoin, japan, corporate venture capital

JPYC Inc., the issuer and operator of the Japanese yen-pegged stablecoin "JPYC," has successfully raised 2.8 billion yen in the second close of its Series B funding round. This latest injection brings the total cumulative capital raised in the Series B round to approximately 4.6 billion yen.

The funding round saw participation from a diverse group of institutional and strategic investors, including NCB Venture Capital, Tekmira Holdings, Metaplanet, Canal Ventures, Sumitomo Life Insurance (SUMISEI INNOVATION FUND), i-nest capital, NTVP, North Pacific Bank, and Yokohama Capital.

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### **Allocation of Capital**

Management has outlined four primary pillars for the utilization of the new capital:

1. **Infrastructure and Application Development:** The company plans to upgrade its system architecture to meet financial institution-grade security and internal control standards. A significant focus will be placed on enabling "Machine-to-Machine (M2M) payments," where AI agents autonomously handle value transfers.
2. **Human Capital:** JPYC will aggressively recruit specialists in business development, legal compliance (specifically AML/CFT frameworks), and blockchain engineering to support its transition from a pilot phase to full-scale social implementation.
3. **B2B and Ecosystem Expansion:** Funds are earmarked to expand the JPYC ecosystem into corporate settlements, B2B remittances, and future-facing digital salary payment models.
4. **Strategic Strategic Investments:** The firm will maintain a reserve for agile investments in new web3 use cases and strategic alliances.

### **Growth Metrics and Market Penetration**

The company highlighted a period of rapid institutional and retail adoption. As of April 15, 2026, JPYC reported that its cumulative issuance has surpassed 2.1 billion yen, representing a 2.6x growth rate over the preceding three months.

Notably, the company observed a significant discrepancy between account holders and wallet activity; while direct accounts stand at 17,000, more than 137,000 unique wallet addresses have held JPYC. This 8-to-1 ratio suggests a robust secondary circulation of the stablecoin outside of the company’s direct platform.

### **Ecosystem and Multichain Strategy**

JPYC currently operates across the Ethereum, Polygon, and Avalanche blockchains, with plans to expand to the Kaia and Arc networks. Recent milestones cited as drivers of credibility include:

- An MOU with Sony Bank for service collaboration.
- The adoption of JPYC as a native asset in LINE NEXT’s "Unifi" Web3 wallet.
- A partnership with Nihon Menzei to develop a blockchain-based tax refund system for inbound tourists.

### **Investor Sentiment**

Leading investors expressed confidence in JPYC’s role in the "AI era" of finance. Noritaka Okabe, CEO of JPYC Inc., emphasized that the funding marks a shift from "points" of innovation to a "plane" of social implementation, positioning the digital yen as a de facto standard in Japan’s evolving financial landscape.

Representatives from North Pacific Bank and Yokohama Capital noted that their participation reflects a commitment to bridging traditional regional finance with Web3 technologies to provide more efficient settlement services to local customers.

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[JPYC Secures ¥1.78 Billion in Series B First Close to Cement Status as Japan’s Default Stablecoin InfrastructureJPYC Inc., the issuer of the Japanese Yen-pegged stablecoin “JPYC,” has completed the first close of its Series B funding round, raising a total of 1.78 billion yen (approx. $11.8 million USD). The round was led by Asteria Corporation, with participation from a diverse consortium of strategic investors![](https://static.ghost.org/v5.0.0/images/link-icon.svg)Japan FinTech ObserverNorbert Gehrke![](https://storage.ghost.io/c/46/cb/46cbd57f-e0e8-41a4-a1e2-710103a4267b/content/images/size/w1200/2026/02/JPYC-Series-B.png)](https://www.fintechobserver.com/jpyc-secures-y-1-78-billion-in-series-b-first-close-to-cement-status-as-japans-default-stablecoin-infrastructure/)