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JPYC raises $38M to expand Japan's regulated stablecoin payments and Web3 services.

Market News
06 Aug 2026
Crypto news
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Bullish
JPYC raises $38M to expand Japan's regulated stablecoin payments and Web3 services.

JPYC has secured 6 billion yen ($38 million) in an extended Series B funding round to grow its yen-backed stablecoin ecosystem and Web3 financial services. The round includes a 1 billion yen investment from AZ-COM Maruwa, which plans to use JPYC for payments to over 2,300 partners, aiming for faster, fee-free settlements. JPYC is also piloting stablecoin payments with Lawson convenience stores, reflecting growing adoption of regulated digital payments in Japan. This funding supports JPYC's expansion amid increasing interest from financial institutions and companies in blockchain-based payment solutions.

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S&P 500 nears record high but more stocks hit 52-week lows than highs, signaling uneven recovery.

S&P 500 nears record high but more stocks hit 52-week lows than highs, signaling uneven recovery.

The S&P 500 index is currently less than half a percent below its record high set on August 13th. However, despite the index's strong overall performance, a larger number of individual stocks within the index are at their 52-week lows compared to tho...

Market News
Neutral
4 hours ago
Ripple CTO spots SEC-like regulatory tactics in a major non-crypto US lawsuit

Ripple CTO spots SEC-like regulatory tactics in a major non-crypto US lawsuit

David Schwartz, Ripple's CTO Emeritus and XRP Ledger co-creator, identified regulatory tactics used by the U.S. SEC in a high-profile lawsuit unrelated to crypto. The case involves a private manufacturer challenging Connecticut's restrictive product ...

Market News
Neutral
4 hours ago
Solv Energy eyes 58% growth by FY26 amid strong data center demand despite 40% stock drop since May 2026

Solv Energy eyes 58% growth by FY26 amid strong data center demand despite 40% stock drop since May 2026

Solv Energy, Inc. is benefiting from strong demand driven by data centers, holding an $8.9 billion backlog and targeting 58% growth by fiscal year 2026. Despite a 40% decline in its stock price since May 2026, the company raised its FY26 guidance aft...

Market News
Bullish
4 hours ago
BlackRock lowers in-kind conversion minimum for iShares Bitcoin Trust to $1M from $25M

BlackRock lowers in-kind conversion minimum for iShares Bitcoin Trust to $1M from $25M

BlackRock has reduced the minimum amount required for in-kind conversion of its iShares Bitcoin Trust from $25 million to $1 million. This change makes it easier for investors to convert their shares directly into Bitcoin, potentially increasing acce...

Market News
Bullish
4 hours ago
Vox Royalty upgraded to Strong Buy with raised guidance and growth plans to double receipts by 2030.

Vox Royalty upgraded to Strong Buy with raised guidance and growth plans to double receipts by 2030.

Vox Royalty has been upgraded to a Strong Buy rating due to its raised guidance and a credible plan to double its receipts by 2030 using existing assets. The company’s strategy of sourcing and flipping assets is expected to deliver a 28% return on in...

Analyst Insights
Bullish
4 hours ago
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