double jump.tokyo Reveals Strategic Partnership With Web3 Fund Neoclassic Capital

By Amit Chowdhry • Oct 21, 2024

double jump.tokyo announced its LP investment in Neoclassic Capital, a fund focusing on Web3 and the entertainment industry in Asia. Through this strategic partnership with Neoclassic Capital, double jump.tokyo aims to build relationships with Web3 startups emerging from Asia and beyond, accelerating the global adoption of Web3 technologies from Asia.

Since being founded in 2018, double jump.tokyo has pioneered blockchain game development, starting with the groundbreaking My Crypto Heroes. And the company has partnered with leading game companies on joint blockchain game development, established robust blockchain infrastructure, and fostered NFT projects with well-known IPs. As a trailblazer in Japan’s Web3 landscape, double jump.tokyo is poised to utilize its expertise to advance the mass adoption of Web3 technologies by reimagining games with blockchain at their core.

This funding was made jointly with Arriba Studio, one of double jump.tokyo’s investors, into U.S.-based Neoclassic Capital, led by capitalists Steve Lee and Michael Bucella, both of whom have previously been associated with BlockTower Capital. The purpose of this partnership is to lay the groundwork for Web3 startups from Asia to thrive globally, pushing forward the mass adoption of Web3 from the region.

By combining double jump.tokyo’s extensive track record across Asia, particularly Japan, with Neoclassic Capital’s expansive network of investors and expertise in scaling businesses globally, this partnership will serve as an ideal foundation to accelerate the mass adoption of Web3.

Neoclassic Capital is a firm specializing in Web3 and digital assets that is supported by Marc Andreessen (co-founder of a16z) and Chris Dixon (General Partner at a16z). This fund focuses particularly on investments in Asia and the entertainment sector. Neoclassic Capital’s co-founder, Steve Lee has extensive experience in wealth management at Goldman Sachs in Tokyo and Singapore and served as Investment Director and Head of Asia at BlockTower Capital from 2018 onwards.