Oak Grove Ventures, a leading investment firm focused on the global blockchain and digital asset space, has announced that Coin Master Co., Ltd., a Japan-based crypto exchange it invested in, has been acquired by Gate Group, an international leader in digital asset space. Gate Group’s Singaporean entity, Gate Information PTE. Ltd. (CEO: Lin Han) has acquired all issued shares of Coin Master Co., Ltd.—now renamed “Gate Japan K.K.” (“Gate Japan”). This strategic move aligns with Gate Group’s ongoing expansion and marks a significant milestone in both parties’ growth trajectories.
For Oak Grove Ventures, the sale represents a strategic decision to focus more on its core investment operations and digital asset ventures across other global markets. “This acquisition allows us to refocus our efforts on expanding our global portfolio of digital asset investments, while ensuring that the Japanese payment operations continue to grow under Gate Group’s leadership,” said Andrea Chang, Partner of Oak Grove Ventures.
As part of Gate Group’s commitment to providing top-tier trading services to global users, the acquisition of Coin Master Co., Ltd. aligns with its goal of expanding its operational footprint in Asia, one of the largest and most rapidly evolving digital asset markets. With Japan being a key hub for cryptocurrency adoption and innovation, this acquisition gives Gate Group a solid foundation for its future growth and expansion in Japan.
About Oak Grove Ventures
Oak Grove Ventures is a Singapore-based fund with $60 million in capital that focuses on early stage investment in crypto. Founded by founders for founders. Oak Grove Ventures invests financial and human capital in visionary founders. Previously operating as a family office, Oak Grove Ventures has a proven track record of having supported over 50 projects and 10 funds in the past.
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