Techub News: The issuer of the Japanese yen stablecoin JPYC, JPYC, has announced the completion of a JPY 2.8 billion (approximately $17.62 million) Series B follow-on financing round. Participating parties include Metaplanet, NCB Venture Capital, TechMira Holdings, Canal Ventures, SUMISEI INNOVATION FUND, i-nest capital, NTVP, Bank of Beiyang, Yokohama Capital, and others. Total Series B funding has reached approximately JPY 4.6 billion (approximately $29.62 million). This financing will be used for system and application development, talent recruitment, stablecoin issuance and settlement business, and strategic investments.

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