BLOCKSMITH completed angel round financing, SBI Group and others participated in the investment

Web3 technology company BLOCKSMITH announced that it has successfully completed its angel round of financing, attracting investment from SBI Group, Headline Asia, J-CAM Corporation, and others. Previously, the company's 100% equity was held by its parent company KLab Inc. and founder Tetsuya Sanada. This is the company's first external funding, and this financing is to strengthen its financial situation and prepare for listing. The funds raised will be used for product development, research, and other aspects.