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Other Disclosures4373Simplex Holdings,Inc.Information and Communications, Services and Others

Simplex supports the development of JPYC’s “JPYC EX Integration API”

Simplex supported the development of an API that connects JPYC's issuance and redemption platform, "JPYC EX," with wallet apps and various services. Users can proceed with JPYC issuance and redemption procedures without leaving the services they normally use.

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Announced details

JPYC EX Integration APIJapanese yen stablecoin "JPYC"JPYC EX
Applicable field (uses covered by this announcement)
PaymentsRemittancesWeb3 servicesLocal currency and points integrationBusiness-to-business payments
Relationship between the counterparty and the company
Simplex Holdings,Inc.4373
Relationship with the Company

Simplex has continued to support JPYC's development since the construction of JPYC EX began.

CounterpartyJPYC株式会社

Head office: Chiyoda-ku, Tokyo; Representative Director: Okabe Noritaka (岡部典孝). Provides "JPYC EX," an issuance and redemption platform for the Japanese yen stablecoin "JPYC." Other attributes: Not disclosed.

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredJPYC EX Integration API, Japanese yen stablecoin "JPYC", JPYC EX
CounterpartyJPYC株式会社
Counterparty overviewHead office: Chiyoda-ku, Tokyo; Representative Director: Okabe Noritaka (岡部典孝). Provides "JPYC EX," an issuance and redemption platform for the Japanese yen stablecoin "JPYC." Other attributes: Not disclosed.
Relationship with the CompanySimplex has continued to support JPYC's development since the construction of JPYC EX began.
Applicable areaPayments, Remittances, Web3 services, Local currency and points integration, Business-to-business payments
Items this document does not state (13)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleQuantitative EffectsUsage historyImpact on Business PerformanceSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To reduce the inconvenience of leaving a wallet app or service to access JPYC EX and complete procedures before returning to the original service, thereby improving user convenience. The API also supports the broader use and social implementation of stablecoins.

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Simplex supports the development of JPYC’s “JPYC EX Integration API” | Simplex Holdings,Inc. (4373) timely disclosure | Komori