South Korean gaming giant NCSoft has invested $15 million in Mysten Labs as part of its previous $300 million funding round

链捕手ChainCatcher · 2022-11-08T14:55:07.000Z

ChainCatcher news, according to VentureBeat, as part of Mysten Labs’ previously announced US$300 million in financing, South Korean online game company NCSoft has invested US$15 million in Mysten Labs. The funds will be used to promote Mysten Labs’ development of Sui Layer 1 blockchain. , as the infrastructure for Web3 games and other projects. It is reported that NCSoft was founded in 1997 and is headquartered in South Korea. It has subsidiaries around the world and publishes online and mobile games for millions of fans. NCsoft established a joint venture branch in Taiwan with Game Orange (NC Taiwan Co., Ltd., NC Taiwan, NCT), which is responsible for operating games such as Lineage, Aion, Blade & Soul, etc.

ChainCatcher reported that according to VentureBeat, as part of Mysten Labs' previously announced $300 million financing, South Korean online game company NCSoft has invested $15 million in Mysten Labs. The funds will be used to promote Mysten Labs to develop the Sui Layer 1 blockchain as an infrastructure for Web3 games and other projects.
Founded in 1997, NCSoft is headquartered in South Korea and has subsidiaries around the world, publishing online and mobile games for millions of fans. NCsoft has established a joint venture with Gamania in Taiwan called NC Taiwan Co., Ltd. (NC Taiwan, NCT), which operates games such as Lineage, Aion, Blade & Soul, etc.
Previously, ChainCatcher reported in September that Sui's development team Mysten Labs announced the completion of a $300 million financing, led by FTX Ventures, with participation from a16z Crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, Coinbase Ventures, Circle Ventures, Lightspeed Venture Partners, and A&T Capital. (Source link)