• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

2025-07-18

We Are So BACK!!!

2025-07-18

Bitcoin Holders…Genius Bill Passed! | Altcoin Season Continues

2025-07-17

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09

    Crypto Risk Management Strategies for Trading (2025)

    2025-07-07
  • Videos

    We Are So BACK!!!

    2025-07-18

    Bitcoin Holders…Genius Bill Passed! | Altcoin Season Continues

    2025-07-17

    HYPE or HYPEr-Bubble? 🤯 Hyperliquid Analysis You NEED to See 📉📈

    2025-07-17

    BlackRock’s New Globalization Is A TRAP!! Watch Out For This!

    2025-07-17

    Bitcoin Momentum Builds | Big Gains for These Crypto Projects

    2025-07-17
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»NFT»Asian messaging giant LINE raises $140 million to expand NFT venture
NFT

Asian messaging giant LINE raises $140 million to expand NFT venture

2023-12-13No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

LINE NEXT, the South Korea-based NFT arm of messaging giant LINE, raised $140 million in investment to “popularize the Web3 ecosystem.”

In a statement released today, LINE claimed the investment was “the largest funding round in the Asian blockchain Web3 industry for this year.” It was led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm.

With the new capital, LINE plans to officially launch its global NFT platform DOSI in January 2024. “Integrating with Japan’s NFT marketplace LINE NFT, DOSI will be offered as a mobile app to users around the world,” the company said.

Giving brands ownership

LINE NEXT also plans to help brands to “give ownership” of existing digital products and allow them to be traded. The social media giant intends to introduce web3 games featuring its existing characters known as BROWN & FRIENDS.

“We hope to build a standard for Web3 apps that general users can easily use and adopt blockchain to all sorts of services and brands of Web2,” Kevin Lee, the managing partner of Crescendo, said in the statement.

Youngsu Ko, CEO of LINE NEXT, said the team plans to “further popularize Web3 and develop a new service ecosystem where users own the value of their digital goods.”

The social media giant has been active in venturing into the web3 space. In December 2021, it established LINE NEXT and in September 2022 launched the beta service for its global NFT platform DOSI.

See also  Magic Eden joins hands with Azuki
Asian Expand Giant line Messaging Million NFT raises Venture
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ZachXBT warns suspected ZKasino fraudster may be linked to new crypto venture WhiteRock

2025-06-16

BITCOIN CAN HOLD THE LINE!

2025-06-16

They Make $727 MILLION a Month in Bitcoin — INSANE Model

2025-06-02

US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

2025-05-30
Add A Comment

Leave A Reply Cancel Reply

Top Posts
NFT

CNA Insurance excludes NFTs from coverage of $20M trust policy

2023-09-12

CNA Financial, the seventh-largest commercial insurer in the United States, has excluded nonfungible tokens (NFTs)…

Analysis

Owner of Major US Stock Exchange To Launch Crypto Custody Services by June: Report

2023-03-25

The parent company of a major US stock exchange is reportedly looking to launch crypto…

Blockchain

Apex Group Becomes Tokeny’s Principal Strategic Investor

2023-12-15

Tokeny announces Apex Group as its main strategic investor, strengthening its tokenization platform in the…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

2025-07-18

We Are So BACK!!!

2025-07-18

Bitcoin Holders…Genius Bill Passed! | Altcoin Season Continues

2025-07-17

HYPE or HYPEr-Bubble? 🤯 Hyperliquid Analysis You NEED to See 📉📈

2025-07-17
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 117,750.55
ethereum
Ethereum (ETH) $ 3,567.81
xrp
XRP (XRP) $ 3.40
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 730.02
solana
Solana (SOL) $ 175.72
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.24045
staked-ether
Lido Staked Ether (STETH) $ 3,562.00
tron
TRON (TRX) $ 0.318311
bitcoin
Bitcoin (BTC) $ 117,750.55
ethereum
Ethereum (ETH) $ 3,567.81
xrp
XRP (XRP) $ 3.40
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 730.02
solana
Solana (SOL) $ 175.72
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.24045
staked-ether
Lido Staked Ether (STETH) $ 3,562.00
tron
TRON (TRX) $ 0.318311