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JPYC Secures Additional 2.8 Billion Yen in Series B Round

JPYC, the company behind the Japanese yen stablecoin, has announced the successful completion of an additional funding round of 2.8 billion yen (approximately 19 million USD) in its Series B funding. This effort marks a significant milestone for the organization, bringing the total funds raised in the Series B round to an estimated 4.6 billion yen when combined with the initial closes.

The newly acquired capital will be directed towards expanding JPYC’s ecosystem across the finance and web3 domains. The aim is to accelerate the social implementation of the stablecoin, which enables seamless digital transactions within Japan’s growing digital economy.

Objectives of the Recent Funding Round

Since initiating the issuance of the JPYC stablecoin in October 2025, the company has been focused on enhancing the circulation and usability of JPYC. The funding is pivotal as JPYC transitions from a proof-of-concept to a socially integrated solution, aiming to establish a de facto standard for the digital circulation of yen.

Specifically, the funds will be primarily allocated to four areas:

1. Development of Systems and Applications: Improving the security infrastructure to align with financial institution standards while expanding multi-chain deployment. The goal is to create a seamless development environment that allows for advanced features such as programmable money and machine-to-machine (M2M) payments.

2. Talent Acquisition for Business Development: A critical investment in hiring professionals who can facilitate the integration of JPYC as an essential societal infrastructure. This includes roles focused on payment integration, regulatory compliance, and talent in blockchain technology.

3. Business Ventures Related to Stablecoin Operations: Direct funding will be introduced to expand consumer payment use cases and enhance enterprise infrastructure for B2B transactions. It'll target not only local usage but also the potential for a future digital salary payments system.

4. Strategic Investments for Growth Opportunities: Flexibility in financial deployment to adapt to rapidly changing market environments in web3 and digital finance, allowing for innovation around new use cases and strategic partnerships.

JPYC's Rapid Growth and Innovation

Since its launch, JPYC has shown incredible growth, with issuance figures reaching over 2.1 billion yen (as of April 15, 2026), expanding at a rate of 2.6 times within the last three months. The transaction activity is significant, with daily asset turnover surpassing 100% of the circulating value, showcasing the stablecoin as a means of active financial engagement rather than dormant funds.

The user base of JPYC also demonstrates impressive expansion, with the number of wallet addresses that have held JPYC reaching around 137,000, which is eight times the directly registered accounts. This reflects the acceptance of a frictionless financial experience indicative of the blockchain technology.

Concurrently, JPYC has adopted a multi-chain strategy, interfacing with several blockchains including Avalanche, Ethereum, and Polygon. Each blockchain represents a unique economic sphere, enabling JPYC to function as a common currency across various markets.

Future Prospects for JPYC

The strategic partnerships formed following the Series B first round have positioned JPYC advantageously within the financial ecosystem. Notably, JPYC signed an MOU with Sony Bank for service collaboration, enhancing its reliability as a stablecoin. Further, obtaining formal adoption in the LINE NEXT