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

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...