Web3
Latest news, analysis, and updates on Web3 from A47 News.
2 stories in Crypto · Updated live
JPYC Inc. raises $38 million in Series B funding to expand yen-pegged stablecoin operations
JPYC Inc. has successfully raised $38 million in an extended Series B funding round to enhance its payment network and Web3 financial services. This funding, led by logistics firm AZ-COM Maruwa, comes amid increasing interest in stablecoins and digital currencies in Japan. The investment is likely to strengthen JPYC's competitive position in the stablecoin market and influence the broader adoption of digital currencies in the region.
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JPYC Inc. raises $38 million in Series B funding to expand yen-pegged stablecoin operations
JPYC Inc. has successfully raised $38 million in an extended Series B funding round to enhance its payment network and Web3 financial services. This funding, led by logistics firm AZ-COM Maruwa, comes amid increasing interest in stablecoins and digital currencies in Japan. The investment is likely to strengthen JPYC's competitive position in the stablecoin market and influence the broader adoption of digital currencies in the region.
Circle launches Arc blockchain with backing from major financial institutions
Circle has confirmed the public mainnet launch of its Arc blockchain, set for September 16, 2026, with founding validators including BlackRock and Visa. This strategic move is driven by the need to enhance financial infrastructure and promote blockchain adoption in digital finance. The long-term implication is a potential transformation of the cryptocurrency market and increased integration of blockchain solutions in traditional finance.