Japan-based gaming blockchain builder Oasys secures $20 million in funding

Oasys, a Japan and Singapore-based startup building gaming blockchain, has secured $20 million in a new funding round led by Republic Capital.

• The funding was raised from a private token sale (an initial offering of a token to a pool of private investors before going on the market officially).
• The fund will be invested in strengthening partnerships with gaming developers, and improving its marketing, hiring, and business development, the web3-focused startup claims.
• Founded earlier this year, the startup aims to decentralize the governance power in blockchain games, focusing on decentralized autonomous organization (DAO) for gaming developers and community.
• Jump Crypto, Crypto.com, Huobi, Kucoin, Gate.io, Bitbank, and Mirana Ventures participated in the round.