Hashport Group is a firm that has been working on blockchain technology development since the year 2018. The firm conducts blockchain -related consulting and other related system solution businesses . Under its wings, the firm has established HashPalette, a firm that primarily deals with NFT-related businesses and HashBank, that deals in financial infrastructure business. Hashpalette has managed to develop and launch Pallet Chain and Pallet Token(PLT) that was first launched in Japan in the year 2021. The subsidiary was launched using Coincheck IEO(Initial Exchange Offering) for HashBank, which was launched last year by Hashport through a corporate spin-off. HashPort was co-founded by Seihaku Yoshida and Takayuki Hayashi.
HashPort has recently announced the conclusion of an extended Series C funding round that yielded $8.93 million in funding. The round saw participation from usaku Maezawa, a famous entrepreneur and angel investor, among other firms including Shizuoka Capital, Venture Labo Investment, CVC Fund and Sumitomo Mitsui Banking Corporation(SMBC). The event has extended from January this year. At that time, HashPort had managed to raise $7 million.
Hashport aims to provide solutions that expand the potential of using blockchain in social applications with a mission to digitize all assets. The firm is based in Japan, that has recently began embracing blockchain technology, and is the only web3 firm listed in the Japanese Ministry of Economy as Trade and Industries’ ‘Top 100 startups with a track record of cooperating with the government‘. In the period of this month, HashPort has conducted Japan’s first experiment employee ID SBT(Soul Bound Token) with tokens circulating only among holders. This experiment was conducted in collaboration with SMBC Group.
In the token infrastructure business, HashPort offers services in building token economies from design to realization while conducting audits on new crypto assets at the highest level of performance as such assets are subject to strict standards set by the Financial Services Agency of Japan.
In the Blockchain Infrastructure Business, HashPort offers enterprise wallets, which is has named as “Fressets Wallets” to facilitate safe crypto assets transactions for crypto asset exchanges and businesses. In this sector, the firm hopes to leverage the know-how it has gathered from consulting to develop professional wallets with improved safety and convenience in private-key management for crypto assets.
When it comes to NFTs, HashPort utilizes its subsidiary, HashPalette, to provide a platform for issuing, managing and distributing NFTs. To revitalize and develop this sector, the firm is offering the Japan’s first IEO for NFTs through Consortium blockchain Palette and token PLT. This will effectively give rise to Japan’s first NFT marketplace therefore, positioning HashPort as a leading firm to push for adoption of web3 in Japan, a nation that is very reserved about this sector.
