LINE NFT Subsidiary LINE NEXT Closes $10 Million in Strategic Financing with Participation from SoftBank and Others

LINE NEXT, the NFT subsidiary of LINE, has closed a $10 million strategic financing round with participation from SoftBank, LINE Games, Hashed, K Auction, and others. The funds raised will be used to support the launch of Line Next's global NFT platform DOSI and to develop IP-based NFT projects. LINE NEXT will reportedly expand its strategic partnerships with IP content, distribution, gaming and entertainment companies for NFT content business and marketing alignment.