TLDR:
Key Points:
- Decima Fund secures 4.5 billion Yen for Japanese Web3 ventures.
- Investments are aimed at supporting global expansion of Japanese Web3 projects.
Decima Fund, a specialized Web3 venture fund, has successfully raised approximately 4.5 billion Yen to bolster the international presence of Japanese Web3 ventures. The funding round, completed on March 14, 2024, marks a significant step in the fund’s mission to support both domestic projects looking to enter global markets and foreign projects aiming to enter Japan. Managed by notable entities such as gumi Inc., MZ Cryptos, SBI Holdings, and Animoca Brands, the fund is set to provide strategic support to its portfolio companies in the burgeoning Web3 space. The fund’s approach focuses on aiding Japanese entrepreneurs in expanding internationally and facilitating the entry of global players into the Japanese market, creating value in the Web3 ecosystem.
