JPYC said its Series B financing is expected to total about ¥5 billion, with four new investors joining as the yen-pegged stablecoin issuer expands development, hiring and multi-chain operations.
JPYC said its Series B financing is expected to bring cumulative funding to about ¥5 billion, with four new investors joining the round. The company, which issues a yen-pegged stablecoin, said it operates on Ethereum, Polygon, Avalanche and Kaia, and plans to use the funds for system development, hiring, stablecoin expansion and strategic investment. Earlier, JPYC also reported gross transaction volume exceeding ¥35 billion, 18,000 accounts in seven months, and a goal of registering as a funds transfer business in August 2025.