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  "description": "JPYC Inc., the issuer and operator of the Japanese yen-pegged stablecoin \"JPYC,\" has successfully raised 2.8 billion yen in the second close of its Series B funding round. This latest injection brings the total cumulative capital raised in the Series B round to approximately 4.6 billion yen.\n\nThe funding round saw participation from a diverse group of institutional and strategic investors, including NCB Venture Capital, Tekmira Holdings, Metaplanet, Canal Ventures, Sumitomo Life Insurance (SUMIS",
  "path": "/stablecoin-issuer-jpyc-inc-secures-2-8-billion-yen-in-series-b-second-close-to-accelerate-digital-yen-integration/",
  "publishedAt": "2026-04-21T08:32:37.000Z",
  "site": "https://www.fintechobserver.com",
  "tags": [
    "JPYC Secures ¥1.78 Billion in Series B First Close to Cement Status as Japan’s Default Stablecoin InfrastructureJPYC Inc., the issuer of the Japanese Yen-pegged stablecoin “JPYC,” has completed the first close of its Series B funding round, raising a total of 1.78 billion yen (approx. $11.8 million USD). The round was led by Asteria Corporation, with participation from a diverse consortium of strategic investorsJapan FinTech ObserverNorbert Gehrke"
  ],
  "textContent": "JPYC Inc., the issuer and operator of the Japanese yen-pegged stablecoin \"JPYC,\" has successfully raised 2.8 billion yen in the second close of its Series B funding round. This latest injection brings the total cumulative capital raised in the Series B round to approximately 4.6 billion yen.\n\nThe funding round saw participation from a diverse group of institutional and strategic investors, including NCB Venture Capital, Tekmira Holdings, Metaplanet, Canal Ventures, Sumitomo Life Insurance (SUMISEI INNOVATION FUND), i-nest capital, NTVP, North Pacific Bank, and Yokohama Capital.\n\n## Sign up for Japan FinTech Observer\n\nCutting through the noise of Japanese Finance & FinTech\n\nSubscribe\n\nEmail sent! Check your inbox to complete your signup.\n\nNo spam. Unsubscribe anytime.\n\n### **Allocation of Capital**\n\nManagement has outlined four primary pillars for the utilization of the new capital:\n\n  1. **Infrastructure and Application Development:** The company plans to upgrade its system architecture to meet financial institution-grade security and internal control standards. A significant focus will be placed on enabling \"Machine-to-Machine (M2M) payments,\" where AI agents autonomously handle value transfers.\n  2. **Human Capital:** JPYC will aggressively recruit specialists in business development, legal compliance (specifically AML/CFT frameworks), and blockchain engineering to support its transition from a pilot phase to full-scale social implementation.\n  3. **B2B and Ecosystem Expansion:** Funds are earmarked to expand the JPYC ecosystem into corporate settlements, B2B remittances, and future-facing digital salary payment models.\n  4. **Strategic Strategic Investments:** The firm will maintain a reserve for agile investments in new web3 use cases and strategic alliances.\n\n\n\n### **Growth Metrics and Market Penetration**\n\nThe company highlighted a period of rapid institutional and retail adoption. As of April 15, 2026, JPYC reported that its cumulative issuance has surpassed 2.1 billion yen, representing a 2.6x growth rate over the preceding three months.\n\nNotably, the company observed a significant discrepancy between account holders and wallet activity; while direct accounts stand at 17,000, more than 137,000 unique wallet addresses have held JPYC. This 8-to-1 ratio suggests a robust secondary circulation of the stablecoin outside of the company’s direct platform.\n\n### **Ecosystem and Multichain Strategy**\n\nJPYC currently operates across the Ethereum, Polygon, and Avalanche blockchains, with plans to expand to the Kaia and Arc networks. Recent milestones cited as drivers of credibility include:\n\n  * An MOU with Sony Bank for service collaboration.\n  * The adoption of JPYC as a native asset in LINE NEXT’s \"Unifi\" Web3 wallet.\n  * A partnership with Nihon Menzei to develop a blockchain-based tax refund system for inbound tourists.\n\n\n\n### **Investor Sentiment**\n\nLeading investors expressed confidence in JPYC’s role in the \"AI era\" of finance. Noritaka Okabe, CEO of JPYC Inc., emphasized that the funding marks a shift from \"points\" of innovation to a \"plane\" of social implementation, positioning the digital yen as a de facto standard in Japan’s evolving financial landscape.\n\nRepresentatives from North Pacific Bank and Yokohama Capital noted that their participation reflects a commitment to bridging traditional regional finance with Web3 technologies to provide more efficient settlement services to local customers.\n\n* * *\n\nJPYC Secures ¥1.78 Billion in Series B First Close to Cement Status as Japan’s Default Stablecoin InfrastructureJPYC Inc., the issuer of the Japanese Yen-pegged stablecoin “JPYC,” has completed the first close of its Series B funding round, raising a total of 1.78 billion yen (approx. $11.8 million USD). The round was led by Asteria Corporation, with participation from a diverse consortium of strategic investorsJapan FinTech ObserverNorbert Gehrke",
  "title": "Stablecoin Issuer JPYC Inc. Secures 2.8 Billion Yen in Series B Second Close to Accelerate Digital Yen Integration",
  "updatedAt": "2026-04-21T08:32:37.614Z"
}