Hong Kong-based venture capital firm Newman Capital has invested in Openfort, a startup that specialises in blockchain wallet infrastructure for Web3 gaming. The investment from Newman Capital has enabled Openfort to successfully complete its seed round fundraising, generating a total of $3 million. The seed round was co-led by gumi Cryptos Capital and Maven 11, […]

Animoca Brands, the Hong Kong-based company that brings property rights to gamers via NFTs, announced that it has raised $65 million in its latest funding round at a pre-money valuation of $2.2 billion. The announcement said the capital raise was participated by a number of investors, including Liberty City Ventures, Ubisoft Entertainment, Sequoia China, Dragonfly […]

Hong Kong-headquartered RTFKT Studios, a digital fashion brand known for creating digital goods (Non-Fungible Tokens or NFTs), announced raising $8 million in a seed funding round anchored by Silicon Valley venture capital firm Andreessen Horowitz. The startup, founded in late 2019, creates NFTs such as collectible sneakers, game skins, and in-game limited physical collector editions […]