Gate Ventures Invests in Japan’s Largest Web3 Gaming Pioneer, double jump.tokyo, Paving the Way for Web3 Mass Adoption

cryptonews.com:

Sep 5th, Panama – Gate Ventures is proud to announce its strategic investment in double jump.tokyo Inc., Japan’s foremost Web3 gaming company, as part of a $10 million funding round led by SBI Investment. This significant investment reflects Gate Ventures’ commitment to supporting the advancement of blockchain technology and the Web3 gaming ecosystem on a global scale.

The funding round, which marks the first closing of double jump.tokyo’s Series D, saw participation from leading industry players, including Sony Group Corporation, Taisu Ventures, and Kitadenshi Inc., among others. This financial injection will be pivotal in accelerating the development of blockchain games and the enhancement of blockchain infrastructure, two areas where double jump.tokyo has already established itself as a leader.

Since its inception in 2018, double jump.tokyo has been at the forefront of blockchain game development, achieving critical acclaim with titles like “My Crypto Heroes.” The company’s innovative approach has led to partnerships with major gaming corporations and the development of robust blockchain infrastructure. With this latest round of funding, double jump.tokyo, backed by Gate Ventures, is poised to further solidify its position as a driving force in the mass adoption of Web3 technologies.

“We are thrilled to be a strategic investor in double jump.tokyo,” said Kevin Yang, Managing Partner at Gate Ventures. “Web3 gaming has always been a core focus for us, and we believe double jump.tokyo is uniquely positioned for success with its visionary leadership, extensive IP resources, and robust engineering capabilities. The company has clearly emerged as a leader in the Web3 gaming space. We are particularly impressed by the team’s