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JPYC raises total funding to 6 billion yen as AZ-COM Maruwa joins Series B extension

JPYC raises total funding to 6 billion yen as AZ-COM Maruwa joins Series B extension

The Japanese issuer added AZ-COM Maruwa to its Series B extension as the logistics group prepares to use the yen-backed token for contractor payments tied to delivery records.

Fact Check
The central claim is confirmed by official primary sources: the PR TIMES release (000000328) and JPYC's official X post both state the Series B extension brought cumulative funding to ~6 billion yen with AZ-COM丸和ホールディングス as a new investor. However, the claim contains two factual errors. First, it treats 'AZ-COM' and 'Maruwa Gal' as two separate investors; the July 22, 2026 alliance release (000000327) shows AZ-COM丸和ホールディングス is a single company ('丸和'=Maruwa), so 'Maruwa Gal' is a mistranscription. Second, the claim states the previously disclosed total was 2.8 billion yen, but JPYC's May 22, 2026 release (000000319) disclosed ~5 billion yen (50億円) at Series B 1st/2nd close—the 2.8 billion figure does not match the official prior disclosure. Because the headline fact is true but two supporting particulars are inaccurate, the overall claim is partly true and partly false.
Summary

JPYC has lifted total Series B funding to about 6 billion yen ($38 million) after a roughly 1 billion yen ($6.3 million) investment from Tokyo-listed logistics company AZ-COM Maruwa Holdings, extending the rollout of its yen-backed stablecoin into transport-sector payments. AZ-COM plans to use JPYC to pay transportation and outsourcing fees to about 2,300 business partners and independent contractors, mainly truck drivers and subcontractors, while developing a dedicated wallet that could connect settlement to delivery confirmations through GPS tracking or smart-contract execution. The round had previously reached about 4.6 billion yen after February and April closes, and the company says JPYC, launched in October 2025, became the first digital currency registered as an Electronic Payment Instrument under Japan's revised Payment Services Act. Each token is backed by yen bank deposits and Japanese government bonds and can be redeemed for yen on demand.

Terms & Concepts
  • Series B: A later-stage fundraising round typically used by a company to expand operations and scale its business.
  • stablecoin: A digital token designed to hold a fixed value by being tied to a reference asset such as a fiat currency.
  • smart-contract execution: The automatic carrying out of preset actions on a blockchain once coded conditions are met.