CEBU, Philippines -- Line Next, a Web3 and blockchain-focused venture launched by Line in 2021, has announced raising $140 million from a consortium of investors led by private equity firm Crescendo Equity Partners.
The venture is comprised of two units, with Korea-based Line Next Corp. focusing on non-fungible token (NFT) strategy and planning and U.S.-based Line Next Inc. working on developing and operating an NFT platform business.
