True Global Ventures 4 Plus (TGV4 Plus), a Singaporean venture fund, has announced in a blog post it has invested $25 million in five Web3 companies.
According to the fund, the companies — whose names are yet to be disclosed — are developers of blockchain infrastructure, financial services that play-to-earn games (including NFTs).
Here's what TGV4 Plus had to say about the companies:
They will be either leaders in their segments or game-changers that will be important stakeholders to bring about the Web3 revolution.
More details about the projects and their products are expected to be revealed in the coming months. The Singapore-based fund is known as an early investor of Animoca Brands, The Sandbox, Forza Ikonia, Pinktada, and PictureThis.