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DMM Crypto, a diversified Japanese Crypto firm, secures funding from Neoclassic Capital


diversified Japanese Crypto firm

October 22, 2024


DMM Crypto, a local cryptocurrency company, has announced a new global strategic partnership with Presto, a quantitative trading firm, and has welcomed Neoclassic Capital, a global investment firm, as its lead investor. This partnership aims to enhance financial services that support the Web3 economy and accelerate DMM Crypto’s global expansion.


Project

Latest Raise Date

Lead Investor

Category

DMM Crypto

October 22, 2024

Neoclassic Capital

Web3

In October 2024, DMM Crypto will release “Kanpani☆Girls RE:BLOOM” and plans to launch several other blockchain games in the future.


Beyond gaming, the company is also working on various Web3 projects, including solutions for social issues and financial services. In August, DMM Crypto partnered with Hivemapper, a blockchain-based mapping project that uses AI and dash cameras to collect map data and launched a proof of concept (PoC) for a fleet business using corporate-owned vehicles.


About DMM Crypto

DMM Crypto, established in January 2023 as a subsidiary of the DMM Group, is actively developing Web3 businesses, including blockchain games and NFT projects. The company aims to build a sustainable new Web3 economy called the “Seamoon Protocol.”


 

About Investor

Investor: Neoclassic Capital

Neoclassic Capital is a leading global investment firm specializing in Web3, blockchain technology, and crypto assets. Founded by Michael Bucella and Steve Lee, the firm aims to bridge gaps between traditional financial institutions and the crypto-native community. They focus on investing in both private and public crypto markets, covering areas like derivatives, tokenization of real-world assets, entertainment, gaming, and social projects. Neoclassic Capital is dedicated to capturing unique investment opportunities and accelerating the growth of the Web3 ecosystem.


Location: Miami, Florida

 

 

 

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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