JPYC Completes First Phase of Series B, Raises ¥1.78 Billion Led by Asteria
JPYC’s yen-pegged stablecoin will launch in October 2025 under Japan’s money transfer rules, aiming for domestic and cross-border payments through partnerships with Densan Systems and Circle’s StableFX.
Fact Check
Multiple high-authority and directly sourced press releases, including those published on Asteria Corporation’s official website and PR TIMES, confirm both the launch of the JPYC Gateway and the announcement of a ¥1,000,000,000 investment related to stablecoins. The JPYC Gateway is described as a corporate service for managing JPYC transactions, and the investment figure is explicitly mentioned in several disclosures and financial reports referencing Asteria’s collaboration with JPYC. Independent coverage on trusted sites such as Nikkei and Yahoo Finance further corroborates these details without introducing contradictions. The consistency across all primary and secondary authoritative sources strongly supports the truthfulness of the statement.
Summary
JPYC raised approximately ¥1.78 billion (about $12 million) in Series B funding led by Asteria Corporation, with BitFlyer Holdings also participating. The yen-pegged stablecoin is scheduled for launch in October 2025 under Japan’s money transfer regulations. JPYC will partner with Densan Systems for domestic payment integrations and with Circle’s StableFX for cross-border settlements, marking a strategic move into regulated digital finance.
Terms & Concepts
- Series B funding: A venture capital financing stage aimed at scaling a company’s operations, market reach, and product adoption.
- Stablecoin: A cryptocurrency designed to maintain a stable value by being pegged to a fiat currency, such as the Japanese yen.
- StableFX: Circle’s infrastructure for cross-border foreign exchange and settlement using stablecoins.