Oasys: Closes Funding Round

Oasys Closes Funding Round

  • Oasys, a Singapore-based provider of a gaming-optimized blockchain, closed a strategic funding round
  • The round was led by Galaxy Interactive and Nexon, with participation from Jsquare, Presto Labs, MZ Web3 Fund, Hyperithm, Jets Capital, AAG, YJM Games, and ChainGuardians
  • The company intends to use the funds to enhance its ecosystem by strengthening its validator network and expanding its pool of gaming partners
  • The company aims to create an ecosystem for gamers and developers to distribute and develop blockchain-based games
  • The funding round follows Oasy s completing a $20m private token sales round led by Republic Crypto earlier this year and its Mainnet launch in October 2022
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...

Visa Launches AI-Powered Dispute Resolution Tools

New tools aim to streamline resolution of payment disputes.Highlights: Visa introduces AI tools for payment dispute resolution.The new...

UK Fintechs Vibepay and SmartLayer Shut Down

Both companies cease operations amidst challenging market conditions.Highlights: Vibepay and SmartLayer have officially ceased operations.The closures are attributed...

Visa and Ramp Boost Bill Pay Automation with Agentic AI

New integration aims to streamline corporate expense management processes.Highlights: Visa and Ramp announce partnership to automate corporate bill...