According to ChainCatcher, citing Kepple, Web3 entertainment company YOAKE Entertainment announced the completion of a 180 million yen (approximately $1.25 million) funding round through private token sales and convertible corporate bonds. The round was led by Next Web Capital, with participants including Bitbank Ventures, Credit Scend, Hakuhodo KEY3, Taisu Ventures, X2Y2, and others. The funding will be used for developing next-generation entertainment platforms and producing global IP content.
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 Yasushi Akimoto and Astar Network founder Sota Watanabe.
YOAKE focuses on blockchain-izing entertainment IP and recently announced the launch of an official Non-Fungible Token series for the popular Japanese anime "Seven Deadly Sins", utilizing the blockchain "Soneium" developed jointly by Sony Group and Startale Group.
