DM2C Studio Raises 2.3M Dollars

DMM Group’s DM2C Studio Raises 2.3 Million Dollars Aimed at the Global Expansion of its Web3 Business.

DM2C Studio, a Tokyo, Japan-based subsidiary of DMM.com, a Japanese gaming company, raised 2.3M Dollars through a token convertible bond sale from a consortium of 8 companies.

The backers included:

Galaxy Interactive (leader)
Shima Capital
Bitfinex
MARBLEX Corp
SQUARE ENIX HOLDINGS CO., LTD.
Planetarium Labs
Mask Network
DeFimans Co., Ltd.

The company intends to use the funds to form strategic partnerships in anticipation of a full-scale global expansion.

Led by CEO Nagato Kasaki, DM2C Studio is a group company established in January 2023 with the purpose of developing DMM’s web3 business, including blockchain games and NFT projects. In June of this year, DM2C Studio launched the web3 project “Seamoon Protocol” to provide a new entertainment experience in a digital space utilizing its unique tokens. The project plans to unveil its proprietary blockchain “DM2 Verse” on Oasys Layer2, launch its unique token “DM2P”, and offer blockchain games among other initiatives.

Games scheduled for release in 2024 include “CoinMusume”, an NFT game featuring idol characters inspired by virtual currency; “Duelyst3.0”, an NFT strategy trading card game; “Kanpani☆Girls RE: BLOOM”, a blockchain game version of the “Kanpani  Girls” title which has been played by a total of 2.5 million people to date; and a full-fledged NFT trading card game “KAMIYAGURA”.

FinSMEs

21/12/2023