Japanese Game Developer CyberStep Pioneers Ambitious $6.96M Crypto Reserve for Web3 Future
2025-07-01 19:31:02
Main Idea
Japanese game developer CyberStep is establishing a $6.96 million crypto reserve through its new Web3 venture, CRYPTECH Capital, to integrate gaming with decentralized finance.
Key Points
1. CyberStep, known for the game Toreba, launched CRYPTECH Capital on July 1 to build a Web3 ecosystem.
2. The company plans to convert tokens from its Web3 services into major cryptocurrencies like Bitcoin and Ethereum for its balance sheet.
3. CyberStep has allocated 200 million yen ($1.39 million) for initial crypto purchases, aiming for 1 billion yen ($6.96 million) by May 2026.
4. This strategy aims to manage market volatility while building a digital asset portfolio.
5. The move reflects a broader trend of traditional game developers exploring Web3 and decentralized technologies.
Description
BitcoinWorld Japanese Game Developer CyberStep Pioneers Ambitious $6.96M Crypto Reserve for Web3 Future In a significant move signaling the growing convergence of traditional entertainment and decentralized finance, CyberStep, a prominent Japanese game developer renowned for its popular online claw machine game Toreba, has launched an ambitious new initiative. This strategic pivot into the digital asset space marks a bold step, setting a precedent for how established gaming companies are embraci...
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