In an unprecedented move within the Asian blockchain and Web3 landscape, LINE NEXT, the dedicated NFT division of LINE, has successfully garnered a staggering $140 million investment. This strategic infusion of capital marks a significant milestone, positioning LINE NEXT at the forefront of the NFT and Web3 sectors.
The funds are earmarked to propel the launch of DOSI, LINE’s ambitious global NFT platform, poised to redefine digital asset trading and interaction. Additionally, this investment accelerates the development of innovative Web3 games, featuring LINE’s distinctive and beloved characters, thereby enriching the user experience and engagement within the digital realm.
This investment, the largest of its kind in the region for the current year, underscores the growing significance and potential of NFTs and the Web3 ecosystem in Asia. It not only fortifies LINE NEXT’s position in the market but also sets the stage for pioneering advancements in the integration of NFTs and Web3 technologies, heralding a new era of digital innovation and connectivity.
