In a boost to Japan's emerging Web3 industry, Decima GP Limited has announced the successful closure of a funding round amassing approximately ¥4.5 billion for the Decima Fund, LP. The capital raise, completed on March 14, 2024, marks a pivotal step in the fund's mission to incubate domestic projects aiming for overseas markets, as well as foreign projects targeting entry into Japan.
Decima Fund, established with a vision to enhance Japan's presence on the global stage, begins its investment activities in the Web3 domain, having already decided on 10 investments. These ventures are set to catalyze the Japanese presence in the global Web3 ecosystem, supporting the international expansion of Japanese Web3 ventures and facilitating the entry of global players into the Japanese market. Source: Blockchain News
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