DMM Crypto and Seamoon Protocol Secure Global Strategic Investment Led by Neoclassic Capital
Staff Writer • 2024-10-22
Tokyo, Japan, – DMM Crypto, a subsidiary of the Japanese tech giant DMM.com, has announced a significant milestone in its expansion strategy by securing a global strategic investment round led by Neoclassic Capital. Alongside this investment, the company has also entered into a new strategic partnership with Presto, a renowned quantitative trading firm. The collaboration marks a pivotal move in DMM Crypto's ambitious plans for global growth and its Seamoon Protocol project, a Web3-based entertainment ecosystem. Founded in January 2023, DMM Crypto was created as an arm of DMM.com (CEO Keishi Kameyama) to explore blockchain-based services and the Web3 space. Its flagship project, Seamoon Protocol (SMP), focuses on transforming the digital entertainment sector, particularly in gaming, where DMM has a solid foothold. “Seamoon Protocol is designed to enable users globally to access innovative Web3 entertainment services," said Nagato Kasaki, Head of DMM Crypto's Web3 Division. “Our partnership with Neoclassic Capital and Presto will significantly bolster the financial services surrounding Seamoon and accelerate our international expansion.” Neoclassic Capital Leads the Charge Neoclassic Capital, a Florida-based investment firm co-founded by Steve Lee and Michael Bucella, will bring its extensive financial resources and expertise to DMM Crypto's growing portfolio. The firm’s involvement highlights its confidence in DMM Crypto’s vision of merging traditional gaming with cutting-edge Web3 technologies. “DMM has long been a pioneer in Japan’s entertainment landscape,” noted Steve Lee, Co-Founder and Managing Partner of Neoclassic Capital. “Their track record speaks volumes, and Seamoon Protocol has the potential to create a paradigm shift in how entertainment and blockchain technology intersect. With DMM’s massive user base of 45 million, we are eager to help them bridge the gap between traditional entertainment and Web3.” Michael Bucella, Co-Founder and Managing Partner at Neoclassic Capital, added: “DMM’s innovative approach to media and entertainment, combined with their vast array of intellectual properties, sets them apart. We're excited to be part of their mission to lead Web3 entertainment, starting in Japan and rapidly expanding globally.” Presto's Strategic Partnership for Seamoon’s Financial Services Presto, headquartered in Singapore and founded by Yongjin Kim, brings expertise in quantitative trading and crypto assets to the table. This strategic alliance will empower DMM Crypto to enhance the financial infrastructure underpinning the Seamoon Protocol, further propelling its development. Presto’s Head of Investment, Ian Lau, emphasized the company’s commitment to supporting DMM Crypto as it scales in Japan’s thriving crypto asset market. “DMM’s deep roots in the entertainment industry uniquely position them to succeed in Web3,” said Lau. “Presto is thrilled to collaborate with them as they revolutionize the gaming sector and integrate blockchain technology into their ecosystem.” The Seamoon Protocol’s Vision for the Future Seamoon Protocol aims to develop a multi-chain digital economy that spans a range of digital assets and blockchain-based services. The protocol’s initial focus is on blockchain gaming, with an impressive lineup of upcoming projects such as: • Kanpani☆Girls RE: A blockchain reboot of the popular “Kanpani☆Girls” game, boasting over 2.5 million players. • Crazy Poker Zone: A game that merges city-building simulation with Texas Hold’em poker. • KAMIYAGURA: A comprehensive NFT trading card game. • Coin Musme: An NFT game featuring idol characters themed around cryptocurrencies. • Kyrie & Terra: A turn-based strategy game developed in Thailand. • BOUNTY HUNTERS: A digital prize crane game. • Crypto Miner2: The sequel to a successful mining simulation game. • Cross the Ages: A globally popular NFT card game. • Arise: A multiplayer action RPG. With this diverse portfolio of gaming projects, DMM Crypto is positioning itself to dominate the Web3 entertainment space. While gaming remains at the core of its current offerings, the company also plans to expand into financial services and other Web3 initiatives that leverage DMM’s extensive assets. About Neoclassic Capital Neoclassic Capital, founded in 2024, is a global investment firm specializing in Web3, blockchain technology, and digital assets. Backed by notable investors such as Marc Andreessen and Kathy Matsui, the firm focuses on consumer-facing applications and bridging the divide between traditional finance and the crypto space. Website: https://neoclassic.capital About Presto Founded in 2014, Presto is a quantitative trading company based in Singapore. Since 2017, Presto has expanded into the crypto asset market, engaging in trading and investment activities across a variety of digital assets. Website: https://www.prestolabs.io About DMM Crypto DMM Crypto is a subsidiary of DMM.com, established to explore and expand into blockchain games and Web3 projects. The company’s Seamoon Protocol aims to create a seamless digital economy where entertainment and blockchain innovation thrive. With a broad range of projects set for release, DMM Crypto is poised to transform the gaming and entertainment industries by incorporating cutting-edge blockchain technologies and expanding its influence across the globe.
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