OKX Ventures has announced its investment in Tokyo-based virtual reality and web3 gaming firm Thirdverse Group.
Acting as the venture arm of the crypto platform OKX, the company will partner with Thirdverse to push consumer adoption and advancement of web3 gaming.
Aside from providing capital, by offering business development and marketing support to Thirdverse, OKX Ventures will act as a bridge between the virtual reality company and the OKX platform.
By doing so, doors can be opened for possible NFT collaborations and decentralized app development on the OKX Chain, alongside other benefits for both companies.
OKX Ventures will also support delivery of Thirdverse’s Captain Tsubasa metaverse game, Rivals; a football game based on a comic series.
Captain Tsubasa was primarily a popular Japanese manga series that first appeared in print in 1981 and then turned into animated television shows. The series sold more than 80 million copies worldwide.
OKX Ventures head Jeffrey Yunan Ren said: “We are especially excited about the launch of Captain Tsubasa Rivals, which sits at the intersection of web3 gaming, soccer, and popular Japanese manga.
“The timing of the launch is great as it coincides with this year’s World Cup. We believe that this project will be a great start for Thirdverse and look forward to the upcoming games in the future”.
Thirdverse CEO Hironao Kunimitsu said: “We chose OKX as our partner not just because of their global track record but also their strength in branding including supporting world-class athletes and sports teams towards mass adoption.”