Decima GP Limited announced that its fund, Decima Fund, has raised approximately 4.5 billion Japanese yen (approximately $30 million) this week to support the Web3 industry. The purpose of this fund is to incubate domestic projects aimed at expanding overseas and overseas projects aimed at expanding in Japan, as well as investing in listed tokens. It is jointly operated by gumi Co., Ltd., MZ Cryptos Co., Ltd., SBI Holdings Co., Ltd., and Animoca Brands Limited. With this funding, Decima GP Limited will expand the influence of Japanese Web3 companies globally (currently, it has decided to invest in 10 projects) and support global participants to enter Japan.
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