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Cryptocurrencies

Japanese crypto gaming startup raises $24m

Investors finance double jump.tokyo's partnerships with major game developers

Hironobu Ueno, CEO of double jump.tokyo, says his company will work with major gaming companies to develop titles that incorporate cryptocurrency. (Photos courtesy of double jump.tokyo)

TOKYO -- Japanese blockchain gaming startup double jump.tokyo on Wednesday said it has raised 3 billion yen ($24 million) from 16 investors to accelerate the development of new titles with major gaming companies.

The Series C funding round was led by Jump Crypto, a unit of U.S. trading group Jump Trading, along with crypto finance startup Amber Group and Japanese venture capital firm Jafco. Other participants include the venture capital arm of Japanese advertising giant Dentsu, South Korean gaming company Wemade and China-based venture capital firm Fenbushi Capital.

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