Impact startupFinancial inclusionSeries B
JPYC
JPYC is a Japanese stablecoin firm. It issues JPYC, a token designed to keep a 1:1 peg to the Japanese yen, and each coin is backed by yen deposits and government bonds. It announced a $38M Series B extension in August 2026.
Representative director
Noritaka Okabe
Raised in the rounds listed
$38 million
Founded
2019
Who it reaches
People and businesses in Japan who use yen stablecoins; JPYC says each token is worth 1 yen and can be used to buy goods.
JPYC funding rounds
| Date | Round | Amount |
|---|---|---|
| Aug 6, 2026 | Series B extension | $38 million |
Key facts
- Founded
- 2019年11月 (November 2019)source
- Headquarters
- 東京都千代田区大手町 (Otemachi, Chiyoda-ku, Tokyo)source
- Peg and reserves
- designed to maintain a 1:1 peg to the Japanese yen; 100% reserves held in yen deposits and government bondssource
- Circulation target
- 10 trillion yen ($65.4 billion) in circulation within three yearssource
- Series B extension
- $38M, announced August 6, 2026, led by AZ-COM Maruwa Holdingssource
WYDE coverage of JPYC
Sources
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