JPYC, a registered stablecoin issuer in Japan, secured $38 million in funding to expand its financial and Web3 ecosystem, focusing on real-world payment infrastructure rather than just token issuance. The investment from AZ-COM Maruwa, a major logistics company, highlights growing business adoption of stablecoins for payroll, settlements, and everyday transactions. This shift from speculative trading to practical use supports sustainable growth and strengthens JPYC's role in Japan's digital payment landscape. As enterprise use rises, regulated yen-backed stablecoins are becoming a core part of Japan's payment infrastructure, signaling broader commercial acceptance and long-term adoption potential.
TPC Group has agreed to be acquired by ENEOS Holdings, which will take over its petrochemical and terminal operations in Texas and Louisiana. This acquisition aims to strengthen ENEOS's position in the petrochemical C4 value chain and support continu...
Pepeto, a new crypto project built on Ethereum, is finalizing its DeFi suite launch amid bullish Ethereum price predictions reaching up to $10,000 this year. While Ethereum's price growth potential is capped near 6x due to its large market cap, early...
A bitcoin wallet that had been inactive since 2011 moved nearly 50 BTC, worth about $3.2 million, to a SegWit address associated with institutional crypto brokerage FalconX. The wallet originally received the coins when bitcoin was priced around $10,...
Upbit will add Block Street's BSB token to its Korean won (KRW), Bitcoin (BTC), and USDT markets on August 7 at 3:00 p.m. KST, initially supporting deposits and withdrawals only via the Ethereum network. To ensure orderly trading, Upbit will impose t...
Pinnacle Acquisition Corporation priced its initial public offering at $10 per unit, raising $200 million by offering 20 million units. Each unit includes one Class A ordinary share and a right to receive additional shares after a business combinatio...
