YGG Japan Completes $2.95 Million Private Round of Fundraising

YGG Japan, a subsidiary of Yield Guild Games DAO, has completed a private round of fundraising worth approximately $2.95 million with participation from 18 companies including SQUARE ENIX, SEGA, Gate.io Labs, and Infinity Ventures Crypto (IVC). With this round of funding, YGG Japan has raised a cumulative total of approximately $5.75 million.

YGG Japan will promote the development of tools and the construction of an environment for mass adoption, such as "GabeeTown," whose media functions are currently being released as an alpha version. GabeeTown is a web3 game-specific platform in Japan that handles information on carefully selected domestic and foreign web3 games so that even beginners can start playing games efficiently.

According to TokenInsight data, the Yield Guild Games ($YGG) price went up by 29.22% over the last 24 hours, trading at $0.361298 now.

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