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Reading: Gate Ventures invests in Japan’s biggest Web3 gaming pioneer, double jump.tokyo, paving the way for widespread adoption of Web3.
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Gulf Press > Business > Crypto > Gate Ventures invests in Japan’s biggest Web3 gaming pioneer, double jump.tokyo, paving the way for widespread adoption of Web3.
Crypto

Gate Ventures invests in Japan’s biggest Web3 gaming pioneer, double jump.tokyo, paving the way for widespread adoption of Web3.

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Last updated: 2024/09/05 at 1:27 PM
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Gate Ventures, the venture capital arm of Gate.io, recently announced its strategic investment in double jump.tokyo Inc., Japan’s leading Web3 gaming company, as part of a $10 million funding round led by SBI Investment. This investment highlights Gate Ventures’ dedication to advancing blockchain technology and the Web3 gaming ecosystem globally. The funding round, which marks the first closing of double jump.tokyo’s Series D, saw participation from industry giants like Sony Group Corporation and Taisu Ventures. The injection of funds will accelerate the development of blockchain games and infrastructure that double jump.tokyo is known for in the gaming industry.

Founded in 2018, double jump.tokyo has been at the forefront of blockchain game development with titles like “My Crypto Heroes” gaining critical acclaim. The company’s innovative approach has led to partnerships with major gaming corporations and the development of robust blockchain infrastructure. Double jump.tokyo’s collaboration with Gate Ventures is set to solidify its position as a leader in Web3 technologies. With the funding received, the company aims to expand its work in blockchain gaming, attract top talent, and invest in joint development projects with key partners to drive the adoption of Web3 technologies in the gaming industry.

Kevin Yang, Managing Partner at Gate Ventures, expressed enthusiasm for the collaboration with double jump.tokyo, emphasizing the company’s visionary leadership and engineering capabilities in the Web3 gaming space. The strategic investment is expected to empower double jump.tokyo to further enhance its blockchain gaming and infrastructure projects, pushing the global Web3 gaming industry forward. Hironobu Ueno, CEO and Founder of double jump.tokyo, highlighted the company’s achievements in collaborative game development and blockchain infrastructure advancement, expressing a clear focus on driving the mass adoption of Web3 technologies, particularly in the blockchain gaming market.

Gate Ventures focuses on supporting innovative projects and companies within the blockchain and Web3 ecosystems. By investing in visionary entrepreneurs and technologies, Gate Ventures aims to accelerate the integration of blockchain solutions across various industries. Double jump.tokyo Inc., on the other hand, specializes in Web3 solutions and developing blockchain games. The company partners with large-scale enterprises to incorporate blockchain technologies into their games and company strategy, aiming to facilitate the mainstream adoption of blockchain technologies in the gaming and entertainment industries.

In conclusion, Gate Ventures’ strategic investment in double jump.tokyo Inc. marks a significant milestone in advancing blockchain technology and Web3 gaming globally. The collaboration between the two companies is expected to drive innovation in the gaming industry and strengthen the adoption of Web3 technologies. With the infusion of funds, double jump.tokyo plans to continue its work in blockchain gaming, enhance its infrastructure, and collaborate with key partners to further establish itself as a leader in the Web3 ecosystem. This partnership highlights the potential for growth and development in the blockchain and gaming sectors, paving the way for the mainstream adoption of Web3 technologies in the future.

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News Room September 5, 2024
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