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OKX Ventures And Thirdverse Group Announce Capital And Business Alliance

OKX Ventures has agreed to invest in and work with Thirdverse Group to enhance Web 3.0 game creation and consumer acceptance.

Jeffrey Yunan Ren, head of OKX Ventures, stated:

“In particular, we are especially excited about the launch of CAPTAIN TSUBASA -RIVALS, which sits at the intersection of Web 3.0 gaming, soccer, and popular Japanese manga. The timing of the launch is great as it coincides with this year’s World Cup. We believe that this project will be a great start for Thirdverse and look forward to the upcoming games in the future.”

Captain Tsubasa is a popular and long-running Japanese manga series. It was initially published in 1981 and has since spawned countless extra volumes as well as multiple animated television episodes, the most recent of which aired in 2019. Captain Tsubasa has sold over 80 million copies worldwide, making it one of the most popular manga series of all time.

OKX has a lengthy history of supporting major sports clubs, notably Manchester City FC of the English Premier League.

In terms of the joint venture, OKX Ventures will provide marketing and business development assistance in addition to money. Furthermore, OKX Ventures will serve as a conduit for Thirdverse to possibly enter into other agreements with OKX, such as sponsoring NFTs, developing on OKX Chain, and token listings.

OKX Ventures is the investment arm of world-leading crypto platform OKX. With an initial capital of $100 million, OKX Ventures funds innovative blockchain projects building web3 infrastructure, Layer2 solutions, DeFi protocols, NFT and metaverse applications, and more. Broadly, OKX Ventures invests capital and resources into high-quality teams and long-term structural value investments to support sustainable blockchain industry development.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.