Fingerlabs secures investments for expansion of the NFT platform
Fingerlabs, a subsidiary of KOSDAQ-listed FSN, has recently announced that it has attracted additional investment from ‘Wemade Play’ and a venture capital (VC) with high expertise in gaming and metaverse fields, following a Singapore-based investment firm in December in last year.
This investment has helped the company complete its Series A and secure business funds stably, with major blockchain and gaming companies along with parent company FSN participating in the paid-in capital increase.
With this investment, 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 operates NFT platform business, including the NFT marketplace ‘Xclusive’ and the NFT wallet ‘FAVORLET’. This investment is expected to be of great help in expanding its business as it prepares various services.
Series A investors are companies with global competitiveness in the blockchain, gaming and metaverse fields, and Fingerlabs is expected to create strategic synergy through this investment.
As for the Singapore-based investment company, it operates the global blockchain platform “Fellaz”, which has already completed various collaborations with Fingerlabs.
Fellaz was responsible for the NFT ticket sales at Ultra Abu Dhabi 2023, 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.”
Fingerlabs is a company that creates concrete results in the gaming and metaverse fields, and it will play a big role in expanding Fingerlabs’ NFT business.
The recent investment is a testament to Fingerlab’s success in the NFT market and its potential for future growth. With the support of major investors, Fingerlabs is poised to become a leader in the NFT market, and the collaboration with WeMade Play and other investors is expected to create strategic synergies in the gaming and metaverse sectors.
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