PANews reported on April 28 that according to Kepple, Web3 entertainment company YOAKE Entertainment announced the completion of 180 million yen (approximately $1.25 million) in financing through private token sales and convertible corporate bonds. This round of financing was led by Next Web Capital, with participating investors including Bitbank Ventures, Credit Scend, Hakuhodo KEY3, Taisu Ventures, and X2Y2. The financing funds will be used for developing next-generation entertainment platforms and global IP content production.
According to the introduction, YOAKE was established in February 2024, jointly funded by multiple companies including Twin Planet, Asobi System, W TOKYO, and Y&N Brothers. The board of directors includes renowned producer Akimoto Yasushi and Astar Network founder Watanabe Sota. YOAKE focuses on blockchain-izing entertainment IPs and recently announced the launch of an official Non-Fungible Token series for the popular Japanese anime "Seven Deadly Sins", utilizing the blockchain "Soneium" jointly developed by Sony Group and Startale Group.
