Gaming News
| Published On Sep 6, 2024 10:55 am CEST | By Jenny Patel

Gate Ventures Invests in Web3 Gaming Pioneer double jump.tokyo

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The venture capital division of cryptocurrency exchange Gate.io, Gate Ventures, has made a big investment in double jump.tokyo, the industry leader in Web3 gaming in Japan. This investment positions double jump.tokyo for future expansion and is a part of a larger $10 million funding round led by SBI Investment.

The first-ever close of the Series D investment round included notable investors such as Kitadenshi Inc., Taisu Ventures, and Sony Group Corporation. Jump twice with this cash support.Tokyo plans to improve its already-impressive blockchain infrastructure and increase the amount of blockchain games it develops.

Driving Web3 Adoption in Gaming

Founded in 2018, double jump.tokyo has been at the forefront of blockchain-based gaming. Known for creating popular titles like “My Crypto Heroes,” the company has built a reputation for its innovative approach and strong partnerships with major gaming entities. This latest funding will allow the company to strengthen its organizational structure, hire top talent, and work with strategic partners to develop cutting-edge blockchain games.

CEO and Founder Hironobu Ueno expressed pride in the company’s progress, stating that the successful funding round “is a testament to the company’s achievements in blockchain gaming.” He emphasized that the new funds will support collaborative game development and further enhance their blockchain infrastructure, which is central to their mission of driving Web3 adoption in the gaming industry.

With this investment, double jump.tokyo aims to continue promoting Web3 technologies, particularly in gaming, by focusing on partnerships and building an even more robust blockchain ecosystem.

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Jenny Patel

Jenny Patel, a dedicated freelance writer, has been consumed by her love for gaming since her childhood days. Her go-to games growing up were Elder Scrolls V: Skyrim on PC and Halo 3 on XBOX. Jenny now enjoys the flexibility of working remotely, allowing her to explore the world while indulging in her gaming passion.

Tags: Web3 Gaming