Web3 entertainment company YOAKE secures $3.2 million in strategic funding from Sony Innovation Fund

PANews February 13 News, Web3 entertainment ecosystem project YOAKE announced an additional investment of approximately $3.2 million from Sony Innovation Fund, which will accelerate the expansion of on-chain entertainment scenarios on Sony’s blockchain network Soneium. The company is developing “IRC APP” based on Soneium, using the $REC token to record and reward fan support activities, forming a tradable value system. YOAKE plans to upgrade this mechanism into infrastructure that can serve multiple IPs such as music, film, gaming, and animation, using Japan’s “support culture” (oshikatsu) as an entry point to promote related products and gameplay internationally, connecting global fan communities with content creators.
Currently, YOAKE has raised approximately $4.45 million in total funding, including a $1.25 million Extended Seed round completed in April 2025.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Franklin Templeton launches crypto division with 250 Digital acquisition

Franklin Templeton is launching a cryptocurrency division, Franklin Crypto, by acquiring 250 Digital to enhance its digital asset offerings. Led by Christopher Perkins, the division aims to provide institutional investors with active crypto strategies and includes a novel payment using BENJI tokens, signaling a trend toward tokenized transactions in financial acquisitions.

CoinDesk12m ago

Franklin Templeton deepens crypto push with CoinFund spinoff deal

Global asset manager Franklin Templeton is set to expand its crypto footprint by acquiring a spinoff of the crypto-native investment firm CoinFund. Franklin Templeton said Wednesday it plans to acquire 250 Digital, a CoinFund spinoff that runs liquid crypto investment strategies, expanding the asse

Cointelegraph13m ago

BNB Chain Kicks Off University Dev Roadshow at NYU Today

[PRESS RELEASE – New York, US, March 24th, 2026] _In partnership with YZi Labs, the four-stop campus tour visits NYU, UPenn, Harvard, and UC Berkeley this spring_ BNB Chain, one of the most active blockchain protocols worldwide, and YZi Labs today kick off the BNB Chain Dev Roadshow with its

CryptoPotato42m ago

Expand Crypto Investment Business! Franklin Templeton Acquires 250 Digital, Launches Franklin Crypto

Franklin Templeton has agreed to acquire the company “250 Digital,” which was spun off from CoinFund, and to establish a crypto division called “Franklin Crypto.” The division will focus on the institutional investment market. The acquisition is intended to expand its range of cryptocurrency investment products; the specific deal terms have not been disclosed yet.

区块客1h ago

Franklin Templeton to Acquire CoinFund Crypto Spinoff, Accelerating Digital Asset Push

Franklin Templeton is expanding its digital asset commitment by acquiring 250 Digital, a spinoff from CoinFund, marking a significant integration of traditional finance with cryptocurrencies. This aligns with growing client demand for digital assets.

CryptoPotato2h ago
Comment
0/400
No comments