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CDS Collaboration Animoca Brands and Mitsui Join Forces for a New Web3 Company in Japan

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Animoca Brands and Mitsui Join Forces for a New Web3 Company in Japan

Animoca Brands and Mitsui announced their new partnership.

lectertodd19/06/20231 Mins read625

Animoca Brands and Mitsui Join Forces for a New Web3 Company in Japan

To launch a brand-new Web3 company in Japan, Animoca Brands has teamed up with the Japanese trading company Mitsui.

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Animoca Brands and Mitsui Join Forces for a New Web3 Company in Japan

In addition to funding Animoca, Mitsui will grant the blockchain startup access to its assets, which include partner and customer networks, industrial-to-consumer enterprises, and more. The two will create cooperative firms and ventures with a focus on blockchain technology for uses like decarbonization and wellness.

About Animoca Brands

Yat Siu and David Kim launched Animoca Brands Corporation Ltd., a game software and venture capital firm with offices in Hong Kong, in 2014. The company initially concentrated on creating mobile games, but in 2018 it switched its attention to blockchain gaming and NFTs.

About Mitsui

Japan-based Mitsui & Co., Ltd. is a trade firm. The business, which is a member of the Mitsui Group and was founded on July 25, 1947, is involved in energy, machinery, chemicals, food, textiles, logistics, and banking.

Sources:techinasia

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lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.