Gate Ventures Makes Strategic Investment in double jump.tokyo

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by Giorgi Kostiuk

2 years ago

Made with AI

  1. Participants and Funding Goals
  2. Achievements of double jump.tokyo
  3. Role of Gate Ventures


    4. Gate Ventures announced its strategic investment in Japan's leading Web3 gaming company, double jump.tokyo.

    Participants and Funding Goals

    The funding round, led by SBI Investment, marks the first closing of double jump.tokyo’s Series D. Among the investors were major industry players such as Sony Group Corporation, Taisu Ventures, and Kitadenshi Inc. The raised funds are aimed at accelerating the development of blockchain games and enhancing blockchain infrastructure.

    Achievements of double jump.tokyo

    Founded in 2018, double jump.tokyo has established itself as a leader in blockchain game development, receiving acclaim for titles like “My Crypto Heroes.” The company has forged partnerships with large gaming corporations and developed robust blockchain infrastructure.

    Role of Gate Ventures

    Kevin Yang, Managing Partner at Gate Ventures, shared his thoughts on the collaboration with double jump.tokyo: "We are thrilled to be a strategic investor in double jump.tokyo. Web3 gaming has always been a core focus for us, and we believe double jump.tokyo, with its visionary leadership and robust engineering capabilities, is uniquely positioned for success." The team at double jump.tokyo expressed their gratitude for the support and emphasized the importance of collaborative efforts in advancing and mass-adopting Web3 technologies.

    The funds will be used to bolster the company's organizational capacity, attract top-tier talent, and invest in the joint development of blockchain games with key partners. These efforts aim to advance the mass adoption of Web3 technologies, especially within the gaming industry.

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