JPYC Inc., the issuer of the Japanese yen stablecoin 'JPYC', announced on the 5th that it has raised new funds in an extension of its Series B round, bringing the total funds raised to approximately JPY 6 billion. In this round, logistics giant AZ-COM Maruwa Holdings has participated as a new underwriter.
The funds raised will be allocated towards expanding the ecosystem in both the financial and Web3 sectors, with plans to accelerate the social implementation of JPYC.
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