Participated · Series B · May 2026

JPYC issues Japanese yen–pegged stablecoins and operates issuance and settlement services for those tokens. The company has been actively raising capital, recently completing an additional close of its Series B that increased cumulative Series B proceeds to about $29.62M. Investors in the recent tranche include a mix of venture funds and financial institutions such as Metaplanet, NCB Venture Capital, Hokuyo Bank and Yokohama Capital. JPYC plans to deploy the new funds toward system and application development, hiring, its stablecoin issuance and settlement operations, and strategic investments. Metaplanet previously announced a planned investment of up to ¥400 million earlier in the year. The articles do not disclose revenue, users, or other operating metrics.

Participated · Equity · Jul 2019

DeCurret provides financial services involving transactions and settlements of digital currency and operates a virtual currency exchange service. The company positions itself as the “Main Bank of Digital Currency” and intends to extend its services beyond virtual currency to broader digital currency use. DeCurret is developing a new settlement platform designed to enable real-time, direct exchange of value with superior traceability, aiming to reduce social costs and invigorate economic activity. To accelerate that development it is acquiring corporate partnerships and strengthening its development system. Following a private placement that raised ¥3.4 billion, the company’s capital (including capital reserve) stands at ¥8.63 billion. Founded in January 2018 and based in Chiyoda-ku, Tokyo, DeCurret is an equity-method investee of Internet Initiative Japan and is a member of the Japan Virtual Currency Exchange Association.