Completed Additional Financing of 2.8 Billion Yen
JPYC Corp., an issuer and operator of Japanese yen stablecoins, successfully completed additional financing of 2.8 billion in the second close of a Series B round on April 20.
Also participating in this round are Metaplanet, SUMISEI INNOVATION FUND (Sumitomo Life Insurance), i-nest capital, NTVP, Hokyo Bank, Yokohama Capital, NCB Venture Capital, Techmila HD, and Canal Ventures. The sum raised in total, including the first closing amount, will reach approximately 4.6 billion yen. JYPC plans to accelerate the strengthening of the foundation for social implementation.
Funds to be Invested in Digital Finance and Stablecoin System
Additional funds raised will be invested in the construction of Japan’s digital finance and stablecoin ecosystem. JPYC plans to expand its ecosystem in support of three chains, including Ethereum, Polygon, and Avalanche. They are also considering expanding to Kaia and Arc in the future.
The company will position JPYC as the native currency during the present time where artificial intelligence agents automatically exchange value. This will also strengthen the recruitment of professional talent for business development and legal compliance.
Rapidly Growing Usage and Strategic Partnerships with Big Players
According to the company’s announcement, JPYC’s business is solid, with cumulative issuance exceeding 2.1 billion yen as of April 2026, marking an impressive 2.6-fold growth only in the last three months.
It is worth noting that the actual number of addresses used exceeds 137,000, which is about eight times the number of direct accounts. This suggests that autonomous distribution (direct distribution without passing through issuers) on public chains is expanding, without the involvement of the company’s accounts.
Growing Network of Major Financial And I.T. Companies
Previously, the company was able to steadily expand its capital base, starting with the Series A round in 2021 that approximately raised 500 million yen. Since August 2025, when it registered as a fund transfer business, it has moved to the “social implementation phase” and is rapidly building a network of major financial and technology companies, such as Sony Bank and LINE NEXT’s next-generation wallet “Unifi”.
Added to this, use cases based on cross-border actual demand are being successively created. An example is the construction of a next-generation, tax-free refund model that targets the inbound market and physical store payment confirmation in El Salvador.
