MTG Enters into Term Sheet with HUYA Inc. Regarding the Forming of a Joint Venture for China Esports Expansion and HUYA Investment into ESL

Modern Times Group MTG AB (MTG) today announces the entering into a binding term sheet and the forming of a strategic joint venture as part of a transaction that allows HUYA Inc. to acquire a minority stake in MTG’s portfolio company ESL.   Modern Times Group MTG AB (MTG) today announces the signing of a […]

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GFR Fund, a beginning time investment support, today declared it has raised $20 million to dispatch its second store, GFR Fund II, with an emphasis on innovation

GFR Fund Opens New $20M Investment Fund for Tech Startups Disrupting Digital Media and Entertainment, Including Esports Startups Fan.AI and ProGuides

GFR Fund, a beginning time investment support, today declared it has raised $20 million to dispatch its second store, GFR Fund II, with an emphasis on innovation new businesses upsetting the computerized stimulation division. GFR Fund is sponsored by various vital speculators from Asia and is a subsidiary of driving versatile gaming organization GREE, headquartered […]

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Overstock.com, Inc. (NASDAQ:OSTK) has released the following statement from company CEO and founder and tZERO Executive Chairman Patrick M. Byrne

Overstock Issues Statement Regarding Proposed tZERO Equity Investment

 Overstock.com, Inc. (NASDAQ:OSTK) has released the following statement from company CEO and founder and tZERO Executive Chairman Patrick M. Byrne on the status of an equity investment from GSR Capital and Makara Capital: The previously-announced GSR equity investment in Overstock and tZERO has not been completed. However, we remain in discussions with GSR Capital and Makara Capital, a key partner of GSR Capital, regarding a […]

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gumi Cryptos LLC, an equity-method affiliate of gumi Inc., today announced that it received an investment from Japan-based Remixpoint, Inc. gumi Cryptos

Gumi Cryptos Receives Investment from Japan-based Remixpoint

Global blockchain fund partners with cryptocurrency exchange business to invest in cryptocurrency companies TOKYO, Japan – February 14, 2019 – gumi Cryptos LLC, an equity-method affiliate of gumi Inc., today announced that it received an investment from Japan-based Remixpoint, Inc. gumi Cryptos launched in 2018 with an initial investment of $30 million USD as a dedicated […]

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As Esports silently continues to grow as the fastest global sport in the world with projections to reach $1.5B by 2020, Atlanta-based, RIISE Ventures decides to “get in the game”

RIISE Ventures Levels Up With Strategic Investment in Georgia’s Largest Esports & Gaming Center: Axis Replay

As Esports silently continues to grow as the fastest global sport in the world with projections to reach $1.5B by 2020, Atlanta-based, RIISE Ventures decides to “get in the game” with its first esports investment in Axis Replay–a premier entertainment and event facility for video games and esports. Together, RIISE and Axis Replay will curate […]

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gumi Cryptos LLC, an equity-method affiliate of gumi Inc., today announced that it made a strategic partnership with “TRON Arcade,” a blockchain game dedicated

Blockchain Gaming: gumi Cryptos Announces Strategic Partnership with Top Blockchain Investment Fund “TRON Arcade”

Blockchain Gaming gumi Cryptos LLC, an equity-method affiliate of gumi Inc., today announced that it made a strategic partnership with “TRON Arcade,” a blockchain game dedicated investment fund of the Blockchain Foundation “TRON.” “TRON” raised funds of $58 million USD via ICO (Initial Coin Offering) in September 2017. As of December 25, 2018, “TRON” has […]

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‘Carry Protocol’ Gets Investment from ‘unblock ventures’, Japan’s Largest Messenger LINE’s Corporate Token Venture Fund

‘Carry Protocol’ Gets Investment from ‘unblock ventures’, Japan’s Largest Messenger LINE’s Corporate Token Venture Fund

Carry Protocol is part of the first batch of investments for unblock ventures, a corporate token venture fund founded by LINE Corporation. Boasting a base of 165 million monthly active users (MAU) across its four key countries Japan, Thailand, Taiwan, and Indonesia, LINE is one of the top messaging apps in Asia. LINE’s investment in Carry […]

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Fortnite Publisher Epic Games Receives $1.25 Billion Investment

Fortnite Publisher Epic Games Receives $1.25 Billion Investment

Epic Games announced that it has received an investment of approximately $1.25 billion from KKR, ICONIQ Capital, Smash Ventures, aXiomatic, Vulcan Capital, Kleiner Perkins, and Lightspeed Venture Partners. This investment creates powerful partnerships with highly strategic investment firms and individuals at the forefront of technology, entertainment, professional sports, esports, and live events. These investors join […]

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