JPYC Secures $12 Million in Series B Funding Led by Asteria

JPYC, a Japanese Yen-pegged stablecoin issuer, has successfully completed the initial closing of its Series B funding round, raising approximately 1.78 billion Japanese Yen (around $12 million USD). The round was led by Japanese IT solutions provider Asteria. A significant portion of the investment originated from domestic Japanese enterprises and investment institutions, with BitFlyer Holdings also participating.

JPYC was launched in October 2025 under Japan's regulatory framework for fund transfer business. It currently stands as the sole onshore Japanese Yen stablecoin. The company's development and regulatory compliance highlight a growing trend in digital asset innovation within established financial markets.

The successful closure of this funding round underscores the increasing confidence in stablecoin technology and its potential to integrate further into the traditional financial system. JPYC's position as the only onshore Japanese Yen stablecoin also suggests a strategic advantage in capturing a unique market segment.

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