Boya Interactive plans to invest in AWAKENING VENTURES, with a focus on Web3-related projects. This will drive the group's business development and layout in the Web3 field, aiming to establish the group as a leading Web3 listed company
According to the news from the Wise Finance APP, Boya Interactive (00434) announced that on April 8, 2024, the group had signed a limited partnership agreement with multiple parties. As a limited partner, the group subscribed for $500,000 to AWAKENING VENTURES LIMITED PARTNERSHIP (AWAKENING VENTURES). The general partner of AWAKENING VENTURES is AWAKENING LIMITED.
According to the information provided by AWAKENING VENTURES, it was established in September 2023 and is a Web3 venture capital fund that integrates traditional investment with operations conducted by decentralized autonomous organizations. Its mission is to support entrepreneurs who are reshaping the Web3 landscape and creating a new global collaborative order. The funds raised by AWAKENING VENTURES will be mainly used to invest in projects in the Web3 space. The main investment directions include programmable Bitcoin networks, Web3 games, Easy Smart Earn (ESE) for easy access by a large number of users, application infrastructure (such as application layer protocols), etc.
The board believes that the related investments will further drive the group's business development and layout in the Web3 field, indicating the group's commitment to deepening its presence in the Web3 sector. Leveraging its rich experience in the internet gaming industry and the favorable conditions of the new Web3 policies in Hong Kong, the group aims to establish itself as a pure and leading Web3 listed company