Decima Fund completes approximately JPY 4.5bn in funding

Decima GP Limited has completed a total funding round of approximately 4.5 billion yen for Decima Fund, LP on March 14, 2024. The Fund was established with the purpose of incubating domestic projects aiming for overseas expansion and overseas projects aiming to enter the Japanese market, as well as investing in listed tokens.

The Fund will be jointly managed with GPs that have expertise in the Web3 domain, including gumi, MZ Cryptos, SBI Holdings, and Animoca Brands.

With this funding, Decima will support the global expansion of Japanese Web3 ventures, including the 10 investments already decided upon, as well as assist global players in entering the Japanese market, contributing to enhancing Japan’s presence in the Web3 domain.

Yusaku Maezawa, Founder, MZ Cryptos: “I have been given the opportunity to participate as an operating member in the Decima Fund, which supports Japanese individuals active in the Web3 domain. Together with experienced members, I will dedicate myself to revitalizing Japan’s Web3 industry!”

Masashi Okuyama, Executive Officer, Head of Digital Space Division, SBI Holdings: “We have high expectations for the completion of the 4.5 billion yen funding round. The SBI Group has positioned the Web3 domain as a priority area and is accelerating its entry into this space. Through this Fund, we will continue to contribute to the further development of the Web3 industry.”

Yat Siu, Co-founder & Executive Chairman, Animoca Brands: “The mission of the Decima Fund aligns with our company’s mission. I am proud to join the Decima Fund as a member, working alongside an experienced and trusted team to support the growth of Japan’s Web3 ecosystem and advance the Web3 industry.”

Hiroyuki Kawamoto, Representative Director and President, gumi: “The Decima Fund is on a mission to contribute to the future of Web3 technology and the development of Japan’s Web3 industry. With this funding and the launch of the Fund, we aim to have a significant impact as a new starting point for Japan’s Web3 industry.”

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