Japanese game giant Namco announced the launch of Bandai Namco 021 Fund to invest in Japanese and overseas blockchain companies, as well as startups engaged in Web3 and Metaverse-related businesses, with a total investment scale of 3 billion yen (about 23.9 million US dollars) , plans to invest 1 billion yen annually.
The purpose of this fund is to speed up the decision-making process to build IP metaverse and create new entertainment. Earlier news, Bandai Namco plans to invest 130 million US dollars to develop the IP Metaverse and release the Gundam Metaverse plan.
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