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Double Jump.Tokyo Raises $10 Million from Sony and Others

Double Jump.Tokyo raises over $10 million in Series D funding, led by SBI Investment and Sony Group, to accelerate the development of blockchain games and web3 infrastructure.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

Double Jump.Tokyo Raises $10 Million from Sony and Others

Double Jump.Tokyo, a leading pioneer in blockchain gaming and web3 technologies, has successfully raised over $10 million in its Series D first closing. This funding round was led by SBI Investment, with significant contributions from Sony Group Corporation, Taisu Ventures, Gate Ventures, TM Capital, Inc., and more. The newly acquired capital will be instrumental in advancing the company's efforts in blockchain game development, infrastructure enhancement, and talent acquisition.

Double Jump.Tokyo Raises $10 Million from Sony and Others

Double Jump.Tokyo Cover Banner on X

Blockchain Gaming and Infrastructure

Since its inception in 2018, Double Jump.Tokyo has been at the forefront of blockchain game development. The company gained recognition with the launch of "My Crypto Heroes," a groundbreaking blockchain game that set the stage for future developments. Double Jump.Tokyo has since established itself as a leader in Japan's web3 landscape by partnering with prominent game companies, creating robust blockchain infrastructure, and launching NFT projects linked with well-known intellectual properties (IPs).

The newly secured funding will enable Double Jump.Tokyo to strengthen its organizational structure and continue its pursuit of innovative blockchain-based gaming experiences. The company aims to accelerate its efforts in blockchain game development, particularly in collaboration with major gaming companies. This expansion will help drive the mass adoption of web3 technologies, with a focus on integrating blockchain at the core of gaming experiences.

Double Jump.Tokyo Raises $10 Million from Sony and Others

Double Jump.Tokyo Raises $10 Million from Sony and Others

Strategic Partnerships and Collaborations

The investment also solidifies Double Jump.Tokyo's strategic partnerships with its key investors. The company will deepen its collaboration with the SBI Group, particularly in the development of web3 services, including NFT marketplaces.

Additionally, the partnership with Sony Group will focus on promoting development on the Sony blockchain platform “Soneium” to expand web3 content and services. Collaborations with international cryptocurrency exchanges, such as Gate Ventures and BingX, will further amplify Double Jump.Tokyo’s global initiatives in the web3 space.

One of the key projects benefiting from this investment is the upcoming release of "Battle of Three Kingdoms," a blockchain game based on SEGA's popular "Sangokushi Taisen" IP. This game is anticipated to bring new innovations to the blockchain gaming space by reimagining the well-loved Sangokushi Taisen universe with cutting-edge blockchain technology.

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Battle of Three Kingdoms Logo and Character Art

Investor Confidence and Future Prospects

Investors in this funding round have expressed strong confidence in Double Jump.Tokyo’s leadership and strategic direction. Jun Hashizume, Manager of the Investment Department at SBI Investment, highlighted the company's consistent production of engaging content under the leadership of CEO Hironobu Ueno. Hashizume also emphasized the high expectations surrounding the "Battle of Three Kingdoms" project, which is being developed by a global team of talented individuals.

“We are very excited to support Double Jump.Tokyo as shareholders," said Jun Hashizume, Manager of the Investment Department at SBI Investment. "Under the leadership of CEO Mr. Ueno and a team with a strong grasp of entertainment, they consistently produce engaging content. The forthcoming release of Battle of Three Kingdoms, developed by a global team of talented individuals, is highly anticipated. We are confident that this project will resonate with a wide audience.”

double jump tokyo web3 gaming japan

Double Jump.Tokyo x SEGA

Other investors, including Taisu Ventures, Gate Ventures, and Bing Ventures, echoed similar sentiments, recognizing Double Jump.Tokyo's leadership in blockchain gaming and its potential to shape the future of the web3 ecosystem. Kazuhito Hadano, General Manager of the Innovation Fund Office at Sony Group Corporation, said:

"Double Jump.Tokyo is a startup with a proven track record of leading blockchain games originating from Japan. As they continue to grow and solidify their unique position, we anticipate that their technological and development capabilities will help drive the adoption of web3 across the entertainment industry.”

Ubisoft and double jump.tokyo Join Forces to Launch Champions Tactics

Double Jump.Tokyo x UBISOFT

Final Thoughts

Hironobu Ueno, CEO and Founder of Double Jump.Tokyo described the successful funding round as a testament to the company’s achievements in blockchain gaming and infrastructure development. Hironobu commented in a press release: 

"This successful fundraising round serves as a testament to our consistent achievements in the blockchain gaming sector, particularly in collaborative game development utilizing prominent IPs and the advancement of critical blockchain infrastructure, such as Oasys. We will primarily allocate the funding toward joint blockchain game development with major game companies and the continued enhancement of our blockchain infrastructure. By growing our company, we intend to be a driving force behind the mass adoption of web3, with a clear focus on the blockchain gaming market."

By expanding its capabilities, Double Jump.Tokyo aims to play a leading role in driving the mass adoption of web3 technologies, with a particular focus on the blockchain gaming market. This significant investment marks a pivotal moment for Double Jump.Tokyo as it continues to expand its influence in the global web3 and blockchain gaming landscape. More information is available here.


Investments

updated:

September 4th 2024

posted:

September 3rd 2024

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