BlockSmith&Co., a Tokyo, Japan-based company which specializes in blockchain-related development and operations, raised an undisclosed amount in the first close of its angel funding round.
Backers included SBI Group, Headline Asia, J-CAM Corporation and others.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Tetsuya Sanada, BLOCKSMITH develops and distributes products such as blockchain technology and crypto assets utilising NFTs. The company has a proven track record of blockchain-related development and operations, including the provision of CAPTAIN TSUBASA -RIVALS- to Thirdverse Group (now Mint Town Co., Ltd) in January 2023. In addition to the development of blockchain games, BLOCKSMITH is also focusing on the development of related technologies, including the establishment of AI Lab in April 2023 and the announcement of a business partnership on the Facial Recognition Web3 Wallet in September 2023.