The company is focused on developing Web3 gaming, digital wallets, NFTs, and soulbound tokens.
Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Japanese billionaire entrepreneur Yusaku Maezawa. The new round brings HashPort’s total funding to 2 billion yen .
In July 2021, HashPort’s Palette Chain partnered with cryptocurrency exchange Coincheck to launch Japan’s first initial exchange offering , or an initial coin offering facilitated by an exchange. The IEO raised a total of 22.45 billion yen in Palette token commitments. The company claims that since then, PLT Place, the official NFT marketplace of Palette Chain, has accumulated over 370,000 users.
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