NFT managing business DEA forms capital and business alliance with information security giant Fuva Brain

News 2021.03.15

Linked by utilizing the blockchain of “work style reform support products”

Digital Entertainment Asset Pte. Ltd. (Headquarters: Singapore, CEO: Naoto Yoshida, Shigeru Shiina, hereinafter, DEA) agreed to form a capital and business alliance with Fuva Brain Limited (TSE Mothers:3927,Headquarters: Tokyo, CEO: Hideyuki Koshimizu), which develops a business that information security business.

[Singapore,15 Mar 2021]

DEA, which develops and operates the blockchain entertainment platform business in Singapore, is rapidly solidifying its position as a “leading company of blockchain including NFT (Non-fungible token) x entertainment” globally. DEP (DEAPcoin), which is the currency of the NFT platform “PlayMining”, is increasing its presence in the global crypto asset market. In addition to the game development and operation business, we plan to develop the [Entertainment Transformation (EX)] business by utilizing blockchain technology in the future.

On the other hand, Fuva Brain Co., Ltd. provides work style reform support products that enable “visualization of work styles” by applying the know-how cultivated in the provision of cyber security solutions. We plan to enhance the function of “visualization of work styles” by applying AI and blockchain technology in order to support the trend of demanding diverse work styles due to the covid-19.

DEA and Fuva Brain Co., Ltd. are capitalizing operations to create new value in “work style reform” through blockchain technology and EX (entertainment transformation) regarding the handling of “work style information” that requires strong security. In line with this capital and business alliance, DEA Co CEO Shigeru Shiina will be appointed as an advisor to Fuva Brain to ensure mutual business expansion.

DEA will continue to collaborate with top runners in various industries to create useful value for society by utilizing NFT and blockchain technology that goes beyond pure entertainment.

<Overview of Fuva Brain Co., Ltd.>

Company name: Fuva Brain Co., Ltd./Fuva Brain Limited

Established: May 8th, 2001

Capital fund: 796,631,200 yen (As of September 30th, 2020) (TSE, Mothers: 3927)

Representatives: Hideyuki Koshimizu, President and CEO

Headquarters: New Otani Garden Court 22F, 4-1 Chiyoda-ku, Kioicho, Tokyo, Japan

Business activities: Cyber security solution operations

URL: https://www.fuva-brain.co.jp/

＜Digital Entertainment Asset Pte. Ltd.＞

Company name:Digital Entertainment Asset Pte. Ltd.

Established:August 2018

Representatives:Naohito Yoshida, Shigeru Shiina