Crescendo Equity Partners led a $140m funding round in LINE NEXT.

Crescendo Equity Partners, a private equity firm, led a $140m funding round in LINE NEXT, LINE’s venture dedicated to developing and expanding the NFT ecosystem. This investment represents the largest funding round in the Asian blockchain Web3 industry for this year. With the raised funds, LINE NEXT aims to expand its global business and develop new services as part of its plan to popularize the Web3 ecosystem.