PANews reported on April 28 that according to Kepple, Web3 entertainment company YOAKE entertainment announced that it had completed financing of 180 million yen (about 1.25 million US dollars) through private token sales and convertible corporate bonds. Next Web Capital served as the lead underwriter for this round of financing, and participating investors included Bitbank Ventures, Credit Scend, Hakuhodo KEY3, Taisu Ventures, X2Y2, etc. The financing funds will be used for the development of the next-generation entertainment platform and the production of global IP content.
According to reports, YOAKE was founded in February 2024 and was jointly funded by Twin Planet, Asobi System, W TOKYO, Y&N Brothers and other companies. The board of directors includes well-known producer Yasushi Akimoto and Astar Network founder Sota Watanabe. YOAKE focuses on the blockchainization of entertainment IPs and recently announced that it will launch the official NFT series of the popular Japanese anime "The Seven Deadly Sins" and use the blockchain "Soneium" jointly developed by Sony Group and Startale Group.
