CoinDesk

JPYC secures $38M Series B from major Japanese logistics firm

August 6, 202607:53 AM
JPYC secures $38M Series B from major Japanese logistics firm

Blockchain startup JPYC has secured $38 million in Series B funding led by major Japanese logistics firm AZ-COM Maruwa. This strategic investment positions JPYC to expand its digital payment solutions in the Japanese and international markets. With this new funding, the company's total raised reaches $106 million across seven funding rounds since November 2021. The backing from a traditional player like AZ-COM Maruwa signals growing confidence from Japanese corporations in blockchain technologies for financial and logistical solutions.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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