Gate Ventures is proud to announce a strategic funding in Japan's main Web3 gaming firm, double bounce.tokyo Inc., as a part of a $10 million funding spherical led by SBI Funding. This vital funding displays Gate Ventures' dedication to supporting the event of blockchain know-how and the Web3 gaming ecosystem on a world scale.

This funding spherical, which marks double bounce.tokyo's first closing of Collection D, included participation from industry-leading corporations reminiscent of Sony Group Inc., Tice Ventures Co., Ltd., and Kita Denshi Co., Ltd. This capital injection can be essential to accelerating the event of blockchain video games and strengthening blockchain infrastructure, two areas by which double bounce.tokyo has already established a management place.

Since its founding in 2018, double bounce.tokyo has been on the forefront of blockchain recreation improvement, garnering essential acclaim with titles reminiscent of “My Crypto Heroes.” The corporate's modern strategy has led to partnerships with main gaming corporations and the event of a strong blockchain infrastructure. With this newest spherical of funding, double bounce.tokyo, backed by Gate Ventures, seeks to additional solidify its place as a driver of mass adoption of Web3 applied sciences.

Kevin Yang, Managing Accomplice at Gate Ventures, stated, “We’re excited to turn out to be a strategic investor in double bounce.tokyo. Web3 gaming has at all times been a core focus for our agency, and we imagine double bounce.tokyo is uniquely positioned for fulfillment with its visionary management, intensive IP assets, and robust engineering capabilities. The corporate is clearly rising as a frontrunner within the Web3 gaming house. We’re significantly impressed with the crew's ardour and unwavering perception in the way forward for Web3 gaming.”

Gate Ventures believes that this collaboration will allow double bounce.tokyo to develop its groundbreaking work in blockchain gaming and infrastructure, and lead the worldwide Web3 gaming {industry} to new heights.

Hironobu Ueno, CEO and founding father of double bounce.tokyo Inc., stated, “The success of this fundraising is a testomony to our constant achievements within the blockchain gaming subject, particularly in collaborative recreation improvement utilizing well-known IPs and the event of essential blockchain infrastructure reminiscent of Oasys. The funds raised can be used primarily for collaborative improvement of blockchain video games with main recreation corporations and the continued strengthening of our blockchain infrastructure. By rising our firm, we intend to have a transparent concentrate on the blockchain gaming market and turn out to be a driving pressure for mass adoption of Web3.”

The funds raised can be used to strengthen double bounce.tokyo's organizational capabilities, safe gifted personnel, and collectively develop blockchain video games with key companions. These efforts will assist promote the adoption of Web3 know-how, particularly within the gaming {industry}.

About Gate Ventures

Gate Ventures is the enterprise capital arm of Gate.io, one of many world's main cryptocurrency exchanges. The agency focuses on investing in modern tasks and firms throughout the blockchain and Web3 ecosystems. By supporting visionary entrepreneurs and applied sciences, Gate Ventures goals to speed up the adoption and integration of blockchain options throughout industries.

About double bounce.tokyo Inc.

Based in 2018, double bounce.tokyo Inc. is a number one Japanese startup specializing within the improvement of Web3 options and blockchain video games. The corporate is a know-how options supplier that companions with main enterprises to assist them efficiently incorporate blockchain know-how into their video games and company methods. The corporate's purpose is to drive mainstream adoption of blockchain know-how throughout the gaming and leisure {industry} worldwide.