Hashed Ventures Secures First Strategic Financial Investment in Japan from SMBC Nikko Securities
Worldwide blockchain equity capital firm Hashed Ventures (CEO Simon Kim) revealed that it has actually secured a strategic financial investment from SMBC Nikko Securities, a core securities subsidiary of Sumitomo Mitsui Financial Group (SMFG), one of Japan’s three biggest financial groups, into its Hashed Venture Fund III. This financial investment, made through Nikko Open Innovation Lab (NOIL)– the brand-new company development department under SMBC Nikko– marks a considerable advance in promoting collaboration between Japan’s conventional financial market and the Web3 sector. The investment shows SMBC Nikko’s growing interest in the Web3 and blockchain domains. Notably, Funder Storm, the group within NOIL spearheading Web3 initiatives, led the Proof of Japan Inc., which aims to integrate Japanese cultural heritage with global NFT initiatives. Funder Storm is likewise active in education and rulemaking to prepare an environment for the Web3 market in Japan. Through this undertaking, the group expects strong synergy by partnering with Hashed, which brings a comprehensive network within the global Web3 industry.
Hashed has established a global presence with workplaces in Seoul, San Francisco, Singapore, Bengaluru, and Abu Dhabi, and has purchased numerous innovative decentralized jobs such as Ethena, Worldcoin, Aptos, and Story. Beyond investment, Hashed actively supports its portfolio business in building international networks and scaling their services. In 2020 and 2021, Hashed launched funds amounting to $120M and $200M respectively, placing itself as a bridge in between the Web3 sector and standard industries.
SMBC Nikko is one of Japan’s most developed financial institutions with over 100 years of history. The firm has recently been proactively checking out business opportunities into the Web3 and digital possession area. Through this collaboration with Hashed, it plans to take advantage of its global network and expertise. In truth, Hashed has already helped with cooperation between NOIL and international NFT projects to advance the Proof of Japan initiative.
Simon Kim, CEO of Hashed, commented, “This collaboration with SMBC Nikko Securities marks a crucial milestone in bridging the gap between Japan’s traditional monetary market and the Web3 sector. We find it deeply significant that a leading financial institution in Japan resonates with Hashed’s approach and vision. Through this collaboration, we intend to further speed up the development of the Web3 ecosystem throughout Asia.”
Ayumu Goto, Head of Preparation Unit and Head of Finance of SMBC Nikko, commented, “Blockchain-based Web3 is getting substantial attention as the next-generation facilities that can fundamentally change existing economic and monetary systems. It crosses cultures and borders, developing new ways for a flow of worth and choices to be made. This investment is a concrete step in our tactical vision for the Web3 space and reveals our strong commitment to this area. We will continue to explore brand-new ways of finance and act as a bridge in between ingenious technologies and capital markets.” Hashed has actually been actively seeking investment chances within Japan’s start-up community. Especially, last year, it co-hosted Blockchain Leaders Summit Tokyo 2024 in collaboration with its equity capital partner B Dash Ventures, marking a significant action toward building a robust Web3 community in Japan.
About SMBC Nikko
SMBC Nikko Securities Inc., founded in 1918, has grown significantly thanks to client and stakeholder support. Considering that signing up with SMBC Group in 2009, the company has actually enhanced its services as a full-line broker, leveraging group capabilities to be a trusted partner. With the rising demand for property management in Japan, SMBC Nikko is focusing on this location while strengthening worldwide operations, including cross-border M&A and overseas financing. The company aims to connect growth-focused companies with financiers, ensuring that capital markets benefit society. Devoted to reasonable and totally free markets, SMBC Nikko takes pride in innovating for client worth with integrity.
About Hashed
Hashed, developed in 2017, is a web3 equity capital that focuses on investment and research study in international startups and decentralized protocols. Hashed team runs offices in Seoul, San Francisco, Singapore, Bangalore, and Abu Dhabi. Hashed has been the earliest supporter of numerous pioneering blockchain teams globally. Hashed supports its portfolio business as a ‘second team,’ assisting web3 founders build global mass adoption. The post Hashed Ventures Protects First Strategic Financial Investment in Japan from SMBC Nikko Securities appeared first on Optimisus.
This investment, made through Nikko Open Development Laboratory (NOIL)– the new service advancement department under SMBC Nikko– marks a considerable advance in promoting collaboration between Japan’s conventional financial industry and the Web3 sector. The investment shows SMBC Nikko’s growing interest in the Web3 and blockchain domains. In 2020 and 2021, Hashed introduced funds amounting to $120M and $200M respectively, placing itself as a bridge between the Web3 sector and standard industries. SMBC Nikko is one of Japan’s most developed financial institutions with over 100 years of history. Hashed has already helped with cooperation between NOIL and global NFT projects to advance the Proof of Japan initiative. Simon Kim, CEO of Hashed, commented, “This collaboration with SMBC Nikko Securities marks a crucial milestone in bridging the gap between Japan’s traditional monetary market and the Web3 sector. Hashed supports its portfolio business as a ‘2nd team,’ helping web3 founders build global mass adoption. The post Hashed Ventures Secures First Strategic Investment in Japan from SMBC Nikko Securities appeared first on Optimisus.
Global blockchain venture capital company Hashed Ventures (CEO Simon Kim) revealed that it has actually secured a strategic financial investment from SMBC Nikko Securities, a core securities subsidiary of Sumitomo Mitsui Financial Group (SMFG), among Japan’s three biggest financial groups, into its Hashed Venture Fund III. This investment, made through Nikko Open Innovation Lab (NOIL)– the new business advancement division under SMBC Nikko– marks a considerable advance in promoting partnership between Japan’s conventional financial industry and the Web3 sector. The investment reflects SMBC Nikko’s growing interest in the Web3 and blockchain domains. Significantly, Funder Storm, the group within NOIL leading Web3 initiatives, led the Evidence of Japan Inc., which intends to combine Japanese cultural heritage with international NFT efforts. Funder Storm is also active in education and rulemaking to prepare an environment for the Web3 market in Japan. Through this endeavor, the group prepares for strong synergy by partnering with Hashed, which brings a substantial network within the international Web3 industry. Hashed has established a global presence with workplaces in Seoul, San Francisco, Singapore, Bengaluru, and Abu Dhabi, and has purchased many innovative decentralized projects such as Ethena, Worldcoin, Aptos, and Story. Beyond investment, Hashed actively supports its portfolio companies in structure global networks and scaling their businesses. In 2020 and 2021, Hashed launched funds totaling $120M and $200M respectively, positioning itself as a bridge between the Web3 sector and standard industries. SMBC Nikko is one of Japan’s a lot of established financial institutions with over 100 years of history. The company has just recently been proactively exploring business opportunities into the Web3 and digital property space. Through this collaboration with Hashed, it plans to utilize its international network and knowledge. In truth, Hashed has already facilitated cooperation between NOIL and international NFT projects to advance the Proof of Japan initiative. Simon Kim, CEO of Hashed, commented, “This partnership with SMBC Nikko Securities marks an important turning point in bridging the space between Japan’s traditional financial industry and the Web3 sector. We find it deeply significant that a leading financial institution in Japan resonates with Hashed’s approach and vision. Through this collaboration, we intend to further accelerate the growth of the Web3 environment throughout Asia.” Ayumu Goto, Head of Preparation Unit and Head of Financing of SMBC Nikko, commented, “Blockchain-based Web3 is acquiring considerable attention as the next-generation facilities that can fundamentally change existing financial and economic systems. It crosses borders and cultures, developing new methods for a circulation of worth and choices to be made. This investment is a concrete action in our tactical vision for the Web3 space and shows our strong commitment to this location. We will continue to explore new ways of finance and act as a bridge between ingenious technologies and capital markets.” Meanwhile, Hashed has been actively looking for investment opportunities within Japan’s start-up community. Significantly, in 2015, it co-hosted Blockchain Leaders Summit Tokyo 2024 in cooperation with its equity capital partner B Dash Ventures, marking a substantial action towards constructing a robust Web3 environment in Japan. About SMBC NikkoSMBC Nikko Securities Inc., founded in 1918, has grown significantly thanks to client and stakeholder support. Because signing up with SMBC Group in 2009, the company has boosted its services as a full-line broker, leveraging group capabilities to be a relied on partner. With the rising demand for asset management in Japan, SMBC Nikko is focusing on this area while enhancing global operations, consisting of cross-border M&A and abroad funding. The company aims to connect growth-focused companies with investors, ensuring that capital markets benefit society. Committed to totally free and fair markets, SMBC Nikko takes pride in innovating for client worth with integrity. About Hashed Hashed, established in 2017, is a web3 venture capital that focuses on financial investment and research study in global startups and decentralized protocols. Hashed team runs offices in Seoul, San Francisco, Singapore, Bangalore, and Abu Dhabi. Hashed has been the earliest advocate of many pioneering blockchain teams globally. Hashed supports its portfolio companies as a ‘junior varsity,’ assisting web3 creators construct global mass adoption. The post Hashed Ventures Secures First Strategic Investment in Japan from SMBC Nikko Securities appeared first on Optimisus.
This investment, made through Nikko Open Development Lab (NOIL)– the brand-new service development department under SMBC Nikko– marks a considerable advance in promoting collaboration between Japan’s conventional financial industry and the Web3 sector. The investment shows SMBC Nikko’s growing interest in the Web3 and blockchain domains. In 2020 and 2021, Hashed launched funds totaling $120M and $200M respectively, placing itself as a bridge between the Web3 sector and standard industries. SMBC Nikko is one of Japan’s most developed financial organizations with over 100 years of history. Hashed has actually already facilitated cooperation between NOIL and global NFT projects to advance the Proof of Japan initiative. Simon Kim, CEO of Hashed, commented, “This collaboration with SMBC Nikko Securities marks a crucial milestone in bridging the gap between Japan’s traditional monetary market and the Web3 sector. Hashed supports its portfolio business as a ‘second team,’ helping web3 founders build global mass adoption. The post Hashed Ventures Secures First Strategic Financial Investment in Japan from SMBC Nikko Securities appeared first on Optimisus.
