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Digital Entertainment Asset, a gaming company in China, has completed a new round of financing with participation from KDDI's subsidiary fund.
2023-08-07 11:25
Odaily News: Singapore-based blockchain gaming company Digital Entertainment Asset (DEA) has announced the completion of a new round of financing, with Tokyo investment fund Global Brain Corporation's KDDI Open Innovation Fund III participating.

The funds from this round of financing will be used to integrate related games into KDDI's "αU" metaverse, providing gamers with an immersive experience that combines the real and virtual worlds, and seeking more Web3 business partnerships.

It is reported that DEA currently operates a game platform, NFT marketplace, and metaverse project under the PlayMining brand. They have already released six P&E chain games, including Job Tribes and Menya Dragon Ramen. (Globenewswire)

According to previous reports, in January 2022, DEA completed a $12 million seed round of financing, led by JAFCO Investment Ltd., with participation from Spartan Group and others.

In December 2022, DEA announced a $10 million investment from Los Angeles alternative investment group LDA Capital. DEA will use the funding to accelerate the development of P2E NFT games and expand strategic partnerships.