Fingerlabs completes Series A funding rounds from major blockchain and gaming companies
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Starting with Singapore based investment company, Wemade Play and VC also invested… Reconfirming Blockchain competitiveness
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Expect strategic synergy with major companies in every field, such as blockchain platform, gaming and metaverse
SEOUL, South Korea, 10 April 2023 /PRNewswire/ — Fingerlabs, a subsidiary of KOSDAQ-listed FSN (214270), attracted additional investment from ‘Wemade Play’ and venture capital (VC) with high expertise in games and metaverse after a Singapore based investment company last December by completing series A.
Fingerlabs has been able to secure business funds stably by attracting investments from major blockchain and gaming companies together with parent company FSN, which participated in the paid-in capital increase, and plans to maximize synergy with investors.
Through this investment attraction, Fingerlabs’ NFT project and expansion of the platform business have gained more momentum. Currently, Fingerlabs launches and operates NFT projects such as ‘Sunmiya Club’, ‘Happier Town’, ‘Smile Miya Club’ and ‘Anipang Supporter Club’, and also launches new NFT projects in collaboration with major domestic conglomerates.
In addition, Fingerlabs also operates NFT platform business, including the NFT marketplace “Xclusive” and the NFT wallet “FAVORLET”. As it prepares various services, this investment attraction is expected to be of great help in expanding its business.
Especially the fact that Series A investors are companies with global competitiveness in the blockchain, gaming and metaverse fields, Fingerlabs is expected to create strategic synergy.
In case of Singapore based investment company, which was the first to invest in series A, operates the global blockchain platform ‘Fellaz’ which has already carried out various collaborations with Fingerlabs. Representatively, at Ultra Abu Dhabi 2023, Fellaz was responsible for the NFT ticket sales, and Fingerlabs provided the NFT launch platform and ticket certification service through its platform Xclusive and FAVORLET, successfully launching Ultra Abu Dhabi’s first NFT ticketing project.
Wemade Play, which invested this time, is expected to have extensive cooperation with Fingerlabs in the gaming and metaverse sectors. The two companies are currently launching and operating the NFT project Anipang Supporter Club, confirming their competitiveness in the global market.
In addition, as both companies expand their ecosystems centered on ‘Favor’ and ‘Wemix’, various forms of blockchain collaboration are planned to be implemented in addition to NFTs. VC companies that participated in the investment together with WeMade Play are also expected to help Fingerlabs expand the NFT area into games and metaverses, as they have a lot of experience in creating various game and metaverse funds with large domestic game companies.
Dong-hoon Kim, CEO of Fingerlabs, said: “Despite the difficult capital market environment, Fingerlabs’ global blockchain competitiveness was recognized and we successfully completed Series A.” As a company achieving tangible results in the game and metaverse fields, it will play a major role in expanding Fingerlabs’ NFT business.”
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SOURCE Fingerlabs
