double jump.tokyo secures over USD 10m in funding from SBI Investment and Sony
double jump.tokyo has secured over USD 10m in funding in its Series D first closing, with SBI Investment leading the round. Participating investors include Sony Group Corporation, Taisu Ventures, Gate Ventures, TM Capital, Bing Ventures, and a high-profile entity that wished to remain anonymous. The capital will be deployed to further develop and support blockchain games, blockchain infrastructure, and related services, as well as to strengthen the company’s organizational structure and talent base.
From conversations during IVS Kyoto, I recall that double jump was looking to raise USD 20m at a USD 70m valuation.
Since its founding in 2018, double jump.tokyo has pioneered blockchain game development, starting with the groundbreaking “My Crypto Heroes.” The company has partnered with leading game companies on joint blockchain game development, established robust blockchain infrastructure, and fostered NFT projects with well-known IPs. As a trailblazer in Japan’s Web3 landscape, double jump.tokyo is poised to leverage its expertise to advance the mass adoption of Web3 technologies by reimagining games with blockchain at their core.
The new funding will bolster double jump.tokyo’s strategic partnerships with its investors. The company will deepen its collaboration with the SBI Group on Web3 services, including NFT marketplaces, and promote development on the Sony Group’s blockchain “Soneium” to expand Web3 content and services. Further, collaborations with international cryptocurrency exchanges like Gate and BingX will amplify the company’s global Web3 initiatives. To achieve these goals, double jump.tokyo will further strengthen organizational structure and talent acquisition efforts, accelerate business development, and solidify its leadership in the Web3 field.
A key focus for the company is the upcoming release of “Battle of Three Kingdoms”, a blockchain game based on SEGA’s popular “Sangokushi Taisen” IP. This title promises to reimagine the beloved world of “Sangokushi Taisen” through innovative blockchain technology.
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