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Sony Invests in the Future: $10 Million Infusion Powers Up Double Jump.Tokyo
Reinout te Brake | 04 Sep 2024 16:33 UTC
In the rapidly evolving landscape of digital innovation, blockchain technology continues to be at the forefront, offering new and transformative possibilities. Among the leaders in this space is Double Jump.Tokyo, a company that has recently made headlines by securing over $10 million in its Series D first closing. This notable funding round saw participation from powerhouses like SBI Investment and Sony Group Corporation, alongside contributions from Taisu Ventures, Gate Ventures, TM Capital, Inc., and more. The infusion of capital is set to catapult the company's endeavors in blockchain game development, infrastructure enhancement, and talent acquisition to new heights.
Blockchain Gaming and Infrastructure Development
Since marking its inception in 2018, Double Jump.Tokyo has consistently led the charge in blockchain game revolution. The company first garnered widespread attention with the release of "My crypto Heroes," an innovative blockchain game that laid the groundwork for future projects. It went on to cement its position as a pioneer in Japan's web3 sphere through partnerships with leading game companies, the creation of a robust blockchain infrastructure, and the launch of nft projects tied to well-known intellectual properties (IPs).
The recent fundraising efforts will bolster Double Jump.Tokyo's organizational structure, enabling further strides in blockchain game development. In collaboration with major gaming firms, the company aims to enhance the adoption of web3 technologies, focusing on the integration of blockchain to enrich gaming experiences.
Strategic Partnerships and Collaborations
The investment also underscores the strength of Double Jump.Tokyo's strategic partnerships. The collaboration with the SBI Group is set to deepen, particularly in the development of web3 services, including nft marketplaces. Moreover, the alliance with Sony Group promises to propel the development on the Sony blockchain platform "Soneium," aiming to expand the web3 content and services landscape. International collaborations with cryptocurrency exchanges like Gate Ventures and BingX are expected to amplify Double Jump.Tokyo’s global presence in the web3 domain.
One of the standout projects benefiting from this investment is the forthcoming "Battle of Three Kingdoms." Based on SEGA's beloved "Sangokushi Taisen" IP, this blockchain game aims to introduce groundbreaking innovations by reimagining this classic universe through the lens of advanced blockchain technology.
Investor Confidence and Future Prospects
The confidence that investors have placed in Double Jump.Tokyo speaks volumes about the company’s leadership and strategic direction. Comments from Jun Hashizume, Manager of the Investment Department at SBI Investment, highlighted the company’s track record of producing engaging content and high expectations for projects like "Battle of Three Kingdoms." This project, developed by a global team of talented individuals, is anticipated to resonate broadly.
The sentiments are echoed by other investors as well, including those from Taisu Ventures, Gate Ventures, and Bing Ventures, all recognizing Double Jump.Tokyo’s leadership in blockchain gaming and its potential to significantly influence the web3 ecosystem. Kazuhito Hadano, General Manager of the Innovation Fund Office at Sony Group Corporation, noted Double Jump.Tokyo’s proven track record and anticipates its technology and development capabilities to drive web3 adoption across the entertainment industry.
Final Thoughts
Hironobu Ueno, CEO and Founder of Double Jump.Tokyo, regards the successful funding round as validation of the company’s contributions to blockchain gaming and infrastructure development. With plans to allocate the funding primarily towards joint blockchain game development with major game companies and the enhancement of blockchain infrastructure, Double Jump.Tokyo is poised to be a critical force in the widespread adoption of web3. This focus on blockchain gaming reflects the company’s ambition to lead in the global landscape of web3 and blockchain gaming innovations, marking a crucial milestone in its ongoing journey.
The significant investment stands as a pivotal moment for Double Jump.Tokyo as it seeks to extend its influence in the global web3 and blockchain gaming sectors. For those intrigued by the future of blockchain in gaming and entertainment, further insights can be gleaned from the company's announcement.