LINE NEXT, the South Korea-based NFT arm of messaging giant LINE, received an investment of $140 million from a consortium.
According to the statement, this investment was made this year in the blockchain Web3 industry in Asia. biggest investment represents.
LINE NEXT aims to use the investment it received to develop new services to grow globally and expand the Web3 ecosystem.
In this context, it is a digital marketplace where various digital products can be bought and sold. The global NFT platform called DOSI It is planned to officially open in January 2024.
LINE also plans to develop a social application that will allow users to communicate through characters they create with artificial intelligence technology.
LINE NEXT to do these Finschia blockchain will use it and will take a management role here in partnership with Crescendo, which contributed the most to the investment.