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Japan’s JPYC raises $38 million in Series B funding to expand real-world use cases for its stablecoin, with investors including AZ-COM and Maruwa Holdings.

PRIVATEAug 06, 20264 days ago

Amount Raised

$38 Million

Round Type

Series B

JapanFinancial ServicesBlockchainCryptocurrency

Investors

Maruwa HoldingsAz Com

Description

JPYC, a Japanese issuer of yen-denominated stablecoins, has raised $38 million in new funding. The company completed a Series B funding round on Aug. 6. Investors in this round included Japanese logistics company AZ-COM and Maruwa Holdings

Company Information

Company

JPYC

Location

Japan

About

Circle is a global financial technology firm that provides blockchain-based payment solutions. The company is known for its stablecoin and aims to promote seamless cryptocurrency transactions. Circle is focused on advancing the infrastructure for digital currencies worldwide.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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