Japanese Yen Stablecoin JPYC Completes B-Round Funding, Raises 5 Billion Yen ($31.4M)

GateNews
According to PANews, Japanese yen stablecoin issuer JPYC completed its B-round funding today (May 23), raising 5 billion yen (approximately $31.4 million) across two funding phases. The round included four new institutional investors: Life Design Fund, IHD STRATEGY FUND, Awagin Future Creation Investment Limited Partnership, and Meiji Yasuda Future Co-creation Investment Limited Partnership. The funds will be deployed to expand the company's ecosystem in finance and Web3 sectors and accelerate adoption of JPYC stablecoin.
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