JPYC Raises 1.78 Billion Yen in Series B Round to Expand Payment Infrastructure

JPYC Secures 1.78 Billion Yen in Funding

JPYC, a company that issues and operates the Japanese yen stablecoin, is poised to raise a substantial sum of 1.78 billion yen in its Series B funding round, with Asteria Corporation acting as the lead investor. This financial influx is aimed at accelerating the implementation of the stablecoin as a pivotal part of Japan’s payment infrastructure, aligning with the growing demand for digital currency transactions in the country.

Objectives and Overview of the Funding Round

Since the commencement of the JPYC issuance in October 2025, the company has seen a continuous expansion in circulation. The funds raised from this Series B financing will be critical in transitioning JPYC from a proof-of-concept phase to full societal implementation, thereby fortifying its status as the de facto standard in digital yen transactions. Key areas of investment will include:

1. Development of Systems and Applications
The company plans to invest heavily in creating a robust system infrastructure that meets financial institution-level security and internal controls to accommodate rapid issuance expansion. Efforts will focus on enhancing multi-chain deployment and enabling seamless development for users and partner companies, supporting the functionality of JPYC as a native currency for machine-to-machine (M2M) payments facilitated by AI agents.

2. Hiring of Essential Talent
To firmly establish the JPYC ecosystem as a social infrastructure, the organization aims to significantly enhance its workforce. This includes recruiting business development professionals to lead payment integration projects and legal experts and blockchain specialists to navigate evolving regulations and foster collaboration with existing financial institutions.

3. Expansion of Services Related to Issuance and Management of Stablecoins
Direct funding will be allocated to develop business initiatives that not only create consumer payment use cases but also lay the groundwork for corporate use, including B2B remittances and future digital payroll solutions.

4. Strategic Investments in Growth Opportunities
In response to rapid changes in the Market for web3 and digital finance, JPYC will be agile in using funds not only for current operations but also for exploring new use cases and strategic alliances.

The Expanding Use of JPYC

The figures demonstrate an accelerating move toward societal implementation of JPYC. As of late January 2026, the stablecoin has surpassed 1.3 billion yen in total issuance, marking an impressive growth rate averaging 69% per month. Noteworthy is the astonishing asset turnover rate exceeding 100% of the market capitalization, positioning JPYC not as dormant currency in deposits, but as an actively circulating medium for payments, transfers, and exchanges.

Additionally, JPYC’s user base has expanded, with wallet addresses reaching around 80,000, representing over six times the company's account openings. This reflects the frictionless financial experience that blockchain technology can provide, allowing users without bank accounts to engage in digital currency transactions.

Multi-Chain Strategy: Connecting Economic Territories

JPYC currently operates on three blockchain networks: Avalanche, Ethereum, and Polygon, each representing distinct economic territories. Ethereum serves as the hub for decentralized finance (DeFi) and large-scale payments, while Polygon thrives in the realms of NFTs and gaming. On the other hand, Avalanche leverages its speed for immediate transactions. JPYC’s role as a unifying currency among these different digital economies enhances its utility and potential future expansions into additional chains.

Comments from Leadership and Investors

JPYC's representative, Noritaka Okabe, expressed gratitude to the investors participating in this funding round, emphasizing the company's commitment to advancing the implementation of digital yen. Investors shared confidence in JPYC's growth trajectory, highlighting both the innovation and establishment of JPYC as a cornerstone of Japan's digital financial infrastructure.

Conclusion

JPYC’s recent funding efforts represent its unwavering pursuit of innovation and a crucial step in solidifying the role of stablecoins in modern finance. As JPYC continues to develop and diversify its applications, the stablecoin is poised to become a mainstay in the financial technology landscape in Japan and beyond.

About JPYC Corporation

Founded in November 2019, JPYC Corporation has been at the forefront of the stablecoin industry in Japan. The company actively seeks to usher in a new era of financial innovation by offering efficient, low-cost transactions while adhering to regulatory frameworks. More information can be found on their website: JPYC Corporation.