Animoca Brands has partnered with Antler’s corporate innovation arm, Ibex Japan, to launch a Web3 entertainment investment fund focused on bringing Japan’s anime and manga IP onchain. The initiative aims to tap into Japan’s dormant IP, leveraging Antler’s global reach for international scale in the industry.

The collaboration between Animoca Brands and Ibex Japan goes beyond gaming to include fintech, healthcare, and medtech applications. Co-general partners Casi and Peymani will license underutilized Japanese IP to create new Web3 products. The timing is right, with a resurgence in NFTs and a 40% increase in the overall NFT market capitalization.

In the US, crypto exchange Kraken met with the SEC’s Crypto Task Force to discuss its tokenized trading system. Kraken launched tokenized stock services in May, allowing non-US investors to trade US equities 24/7. The exchange also expanded its tokenized stock offering to the Tron blockchain, following similar moves by Robinhood in Europe.

Read more at Cointelegraph: Animoca, Antler’s Ibex Launch Fund to Tokenize Japan’s IP