〜Enhanced global access to JOC Coin for DeFi platforms and investors worldwide〜
G.U.Group, Inc. (Headquarters: Shibuya, Tokyo; CEOs: Hidekazu Kondo and Daimei Inaba; hereinafter referred to as "the Company"), a provider of Web3 solutions including stablecoin issuance and management systems as well as “Japan Open Chain” blockchain infrastructure, is pleased to announce that “JOCX Token” (hereinafter “JOCX”), a community-developed, cross-chain compatible ERC-20 token pegged 1:1 to the native token of Japan Open Chain, “Japan Open Chain Token” (hereinafter “JOC Coin”), is now live. JOCX can be minted and redeemed (burned) on multiple chains in a DeFi-enabled architecture.
JOCX is the official ERC-20 token of Japan Open Chain that mirrors the value of JOC Coin 1:1 and can be utilized across multiple major blockchains such as Ethereum.
By leveraging LayerZero’s cross-chain technology, users can deposit JOC Coin into a dedicated smart contract and mint JOCX on their selected network, including Ethereum mainnet and Base, etc. JOCX can freely move between supported networks via LayerZero and can be burned on a given network to directly redeem JOC Coin back on Japan Open Chain.
This mechanism ensures that the total combined supply of JOC Coin and JOCX never increases. By enabling direct swaps with assets such as ETH on Ethereum, JOCX greatly enhances access and liquidity for JOC Coin in the global market.
Official website: https://www.japanopenchain.org/en/jocxtoken
Representative DeFi platforms where JOCX is available (e.g., Uniswap)
Since JOC Coin was simultaneously listed on multiple domestic and international exchanges in December 2024, it has attracted significant attention from investors and enterprises worldwide. The number of holders has grown rapidly, bringing many new participants into the JOC ecosystem.
The newly launched ERC-20 JOCX expands the reach of JOC Coin beyond Japan Open Chain, making it tradable on multiple chains including Ethereum mainnet. This development opens the door for JOC Coin to gain broader recognition, greater liquidity, and wider utility across the global blockchain landscape.
JOCX is already available on leading Ethereum-based DeFi platforms such as Uniswap, enabling DeFi systems and cryptocurrency investors around the world to more easily access and engage with JOC Coin and the Japan Open Chain ecosystem. This is expected to generate new demand for JOC Coin, further enhance its liquidity, and strengthen market interest in its long-term value.
JOCX is already accessible on major global DeFi platforms and widely used wallets, allowing users worldwide to trade, store, and integrate it into their Web3 activities. Representative examples include:
Anyone can seamlessly mint or burn JOCX via smart contracts on supported networks, unlocking flexible conversion between JOC Coin and JOCX across chains. Representative example:
JOCX serves as a core component of Japan Open Chain’s multi-chain strategy. By enabling direct trading of JOCX on major blockchains like Ethereum and Arbitrum, the utility and use cases of JOC Coin expand significantly into areas such as DeFi, NFT payments, stablecoins, lending, and staking.
With additional network and service integrations already planned, demand and value for JOC Coin are expected to grow steadily over the mid-to-long term. JOC Coin is evolving beyond its role as a transaction fee token within Japan Open Chain to become a high-utility asset in its own right, comparable to leading global cryptocurrencies.
As adoption grows, Japan Open Chain will further strengthen its role as a trusted, practical infrastructure in the Web3 domain, enabling more people to access blockchain services safely and securely.
JOC Coin, the native token of Japan Open Chain, is a fee token (cryptocurrency) required to use the Japan Open Chain. Japan Open Chain is a blockchain project designed to comply with Japanese laws and provide a high-speed blockchain operated by reliable entities. Its goal is to make innovative Web3 technologies accessible to everyone, addressing global social challenges through instant transfers with fees under 1 yen and asset liquidity enhancement via NFTs.
Available on the following exchanges:
CEX
DeFi
Japan Open Chain is a practical, Ethereum-compatible (Layer 1) public blockchain operated by Japanese companies. Together with leading industry giants and Web3 innovators, it aims to provide a secure, high-speed, and low-cost blockchain infrastructure accessible to users worldwide. This project seeks to revolutionize global digital finance by building future financial infrastructure through initiatives like bank-led stablecoin projects and the digitization of assets such as NFTs.
The blockchain is currently operated by 14 validators (blockchain operation partners), includingDentsu Inc.; NTT Communications from the NTT Group; G.U.Technologies, Inc.; insprout Corporation; Kudasai Co., Ltd.; pixiv Inc.; TIS Inc.; extra mile Inc., a TV Asahi Group company; Kyoto University of the Arts; Hatena Co., Ltd.; CAC Corporation; CYBERLINKS CO.,LTD.; SBINFT Co., Ltd.; Pacific Meta Inc. and Nethermind. The blockchain is managed in a decentralized manner and is expected to expand to 21 validators in the future.
Official website | X (Twitter) | Discord
Project page：https://www.japanopenchain.org
G.U. Group is the collective Japan Blockchain Foundation Co., Ltd., which operates and manages the consortium of the public blockchain "Japan Open Chain," co-managed by Japanese companies; G.U. Technologies Inc., which provides solutions in the stablecoin and NFT business domains; and its parent company, G.U. Group Inc. As a unified group, they are committed to developing and providing secure, safe, and affordable products that make blockchain technology easy to use in business, contributing to its practical implementation in society.
【Company Overview】
Company Name: G.U.Group, inc.
Location: 26-1 Sakuragaoka-cho, Shibuya, Tokyo
CEO: Hidekazu Kondo, Dimei Inaba
Established: April 2018
URL: https://www.gu-group.com/
Business Overview: web3 Wallet development, web3 browser development, and blockchain-related research.
Affiliated Companies: Japan Blockchain Foundation Co., Ltd., G.U. Technologies Co., Ltd.
We welcome interview and speaking requests. Please feel free to contact us.
G.U.Group, inc. - Public Relations
Contact Form: https://www.gu-group.com/contact