Yen stablecoin issuer JPYC raises additional ¥6B in Series B extension

JPYC Inc., the issuer and operator of the Japanese yen-denominated stablecoin "JPYC," has completed an extension of its Series B funding round, bringing total Series B proceeds to an additional ¥6 billion. The company did not disclose a valuation for the round.

JPYC said it will use the new capital to expand its ecosystem across both traditional financial services and Web3, aiming to accelerate the social implementation and circulation of the JPYC stablecoin. Funds are expected to support new payment schemes and infrastructure connecting on-chain settlement with off-chain commerce.

As part of the Series B extension, major logistics group AZ-COM Maruwa Holdings Co., Ltd. joined as a new investor. JPYC said the combination of its yen stablecoin with AZ-COM Group's logistics network is intended to form a core foundation for "on-chain finance" that integrates commercial, logistics, and financial flows.

JPYC launched its namesake yen stablecoin in October 2025 and has since enabled usage via credit card payments and Web3 wallets. From 2026, the company has also been piloting and operating projects to support JPYC-based payment schemes at physical retail locations.

The raise comes after Japan's "Basic Policy on Economic and Fiscal Management and Reform 2026" explicitly highlighted the importance of promoting on-chain finance and AI transformation. The government defines on-chain finance as financial services where blockchain-based settlements using stablecoins are programmatically linked and integrated with data on commercial and logistics flows and other datasets.