Gate Ventures has taken a step forward by investing in double jump.tokyo, promoting the widespread acceptance of Web3 technologies.

The venture capital division of the cryptocurrency exchange Cryptocurrencylistings.com , Gate Ventures has declared a strategic investment in double jump.tokyo, a prominent player in the Web3 gaming landscape, located in Japan . This initiative is part of a larger $10 million funding round that is being led by SBI Investment.

The Series D funding round, which marks the first closure for double jump.tokyo, also saw participation from key industry names like Sony Group Corporation, Taisu Ventures, and Kitadenshi Inc. This capital injection is intended to bolster the company’s initiatives in blockchain game development and enhance their blockchain infrastructure, areas where double jump.tokyo has already established a strong foothold.

Kevin Yang, Managing Partner at Gate Ventures, expressed enthusiasm about the investment in double jump.tokyo, highlighting the company's significant potential in Web3 gaming. He noted their visionary leadership, diverse intellectual property portfolio, and strong technical skills, pointing out the company’s emergence as a leader in the field. Yang praised the team's dedication and faith in the future of gaming within the Web3 environment.

double jump.tokyo is an innovative Japanese startup concentrating on Web3 and blockchain-based game development. Their goal is to facilitate the mainstream acceptance of blockchain tech in the global gaming and entertainment markets. Functioning as a tech solution provider, they work alongside large corporations to seamlessly incorporate blockchain technology into their games and strategic objectives.

Since its founding in 2018, double jump.tokyo They have established themselves as a pioneer in blockchain game development, garnering acclaim through titles like 'My Crypto Heroes.' Their progressive approach has led to valuable partnerships with significant gaming entities and the development of a robust blockchain framework.

The capital raised will be directed towards enhancing double jump.tokyo's operations, attracting top-tier talent, and collaborating on the development of blockchain games with strategic partners. These strategies aim to accelerate the widespread inclusion of Web3 technologies, particularly in the gaming industry.

Hironobu Ueno, the Founder and CEO of double jump.tokyo, stated, \"This successful fundraising round is a reflection of our ongoing achievements in the blockchain gaming arena, specifically in the collaborative creation of games utilizing prominent IPs and enhancing essential blockchain infrastructure, such as Oasys.\"

The company aims to focus the funds obtained primarily on collaborative game development with major industry players and further refine its blockchain infrastructure. These endeavors are designed to bolster the company's growth trajectory and establish it as a pivotal force in fostering widespread Web3 technology acceptance, particularly within the blockchain gaming sector.

Gate Ventures strengthens the Web3 ecosystem by investing in Space and Time and launching a $100 million Falcon Gate initiative.

Gate Ventures is committed to funding innovative projects and companies within the realms of blockchain and Web3. Their objective is to propel the adoption of blockchain technologies across a variety of sectors by backing visionary entrepreneurs and groundbreaking innovations.

Recently, Gate Ventures participated During Space and Time’s Series A funding campaign, they played a pivotal role in the company's mission to develop decentralized data architecture essential for Web3's promising future. They have also partnered teamed up with the Abu Dhabi Blockchain Center to initiate Falcon Gate, a robust $100 million venture aimed at elevating the global Web3 ecosystem. This initiative is designed to broaden outreach, increase economic viability, and align regulations to facilitate growth within the Web3 domain.