pafin Inc. (Co-chairman: Amin Azmoudeh and Gaku Saito, hereinafter “pafin”), focused on the development of infrastructure and services related to Web3, has successfully completed a third-party allotment capital increase with DG Daiwa Ventures, Sony Innovation Fund and MZ Web3 fund as underwriters.

Overview of Funding

pafin is an infrastructure FinTech company providing Web3-related solutions, including cryptact and defitact. With the newly raised funds, the company aims to expand the existing cryptact service by strengthening marketing and recruitment efforts. Additionally, pafin plans to broaden its service offerings by promoting the integration of cryptact and defitact as part of the Web3 ecosystem.


Comments from Underwriters

DG Daiwa Ventures Inc. | Representative Director Masahito Okuma
"We are honored to lead this investment round in pafin. Since the last round, pafin has successfully navigated the volatile crypto market and expanded its domestic share. We think pafin, with its experienced global team, will establish itself as a top player in the Web3 industry. DGDV will continue to support their efforts using our global investment insights and network."

Sony Ventures Corporation | Chief Executive Officer Gen Tsuchikawa
"The management team at pafin has developed a leading crypto asset profit and loss tool in the nascent market. We expect their services to become essential infrastructure as Web3 services permeate society."

MZ Web3 fund | General Partner Yosuke Shiraishi
"We are pleased to invest in pafin. Compliance is crucial in the process of Web3 services becoming social infrastructure. Taxation in crypto trading is a complex and high hurdle for users. We believe pafin's solutions will resolve this issue and accelerate the social adoption of Web3."


Comments from pafin Co-chairman: Amin Azmoudeh and Gaku Saito

“We foresee that peer-to-peer transactions will increasingly encompass not just assets and goods, but also services, information, ideas, experiences, and communities. In a peer-to-peer world, individuals bear greater responsibility, a burden previously shouldered by marketplace organizers. We view Web3 as an evolution of this peer-to-peer concept on the internet. Through cryptact and defitact, we aim to alleviate these burdens and challenges. With the funds raised, we plan to expand our services to become a part of the leading infrastructure of the Web3 era.”

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