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

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...