EchoX, ventured by LeadBest Consulting Group, specializing in Web3 data assetization solutions, has successfully concluded its seed round financing, reaching a valuation in the millions. Investors include CoinPost, Japan’s leading blockchain media, NERO Holdings, and strategic institutions from various regions. Previous angel investors have also increased their support, reflecting confidence in EchoX’s trajectory, notably after becoming Deloitte Japan’s IT supplier.
On March 29th, executives from CoinPost and NERO Holdings joined EchoX for a media event in Taipei, where they announced the completion of EchoX’s seed round funding. CoinPost CEO Kagami Takahito and NERO Holdings COO Paul Lei were among the attendees, along with LeadBest Group CEO Neil Lee. At the event, a Taiwan-Japan strategic cooperation agreement was signed, leading to the announcement of the establishment of SUDACHI Tech, a joint venture in Japan aimed at promoting Web3 transformation consultancy services for Japanese enterprises.
Neil Lee highlighted Japan’s commitment to Web3 as a national strategy and the significant market potential, with Statista’s projections indicating a $10.4 billion software market size in 2024.
LeadBest aims to leverage this opportunity by expanding into Japan, integrating industry, government, and academia connections to lead Web3 technology applications within Japanese enterprises, targeting a revenue exceeding $100 million in the next three years. CoinPost, Japan’s largest blockchain media, organized the WebX summit last year, attracting over 16,500 attendees worldwide and receiving personal endorsement from Japanese Prime Minister Fumio Kishida.
EchoX, initially known for its expertise in NFT curation, has transitioned into a leading provider of Web3 data assetization solutions, serving clients like Dentsu Taiwan and the Yulon Group. With Japan’s strong push for Web3 and AI digital transformation, EchoX will bring Taiwan’s advanced software technology to the forefront. Its debut project in this domain is the upcoming TEAMZ Web3/AI Summit in Tokyo, where it will offer a Web3 exhibition social solution platform for enhanced business networking.
LeadBest, EchoX’s parent company, is dedicated to elevating Taiwan’s software technology globally. Through a trilateral alliance, bolstered by Japan’s proactive stance on Web3 and digital transformation, LeadBest facilitates the integration of Web3 solutions into Japanese enterprises. Tailored for high-engagement sectors like automotive, insurance, media, entertainment, and ticketing, this collaboration addresses urgent transformation needs. LeadBest aims to empower more Taiwanese tech teams for overseas validation. After initial success in Japan in 2024, it plans to expand across the Asia-Pacific region and replicate achievements in other countries.
About CoinPost
CoinPost is Japan’s largest Web3 information media, founded in July 2017 to provide accurate information to Japanese cryptocurrency investors and promote Japan’s cryptocurrency information globally. It hosts WebX, one of Asia’s largest Web3 summits.
About LeadBest Consulting Group
LeadBest Consulting Group offers multinational Digital Empowerment consulting, bridging enterprises to the future world through agile thinking and technology integration, including AI, IoT, cloud computing, blockchain, and cybersecurity.
About EchoX
EchoX leads Asia-Pacific’s WEB3.0 technology services, transforming enterprise data into digital assets through blockchain. It develops the WEB3.0 Data Solution Platform with over 25 blockchain modules, suitable for various industries, enabling short-term deployment.
Media Contact
Anita Tseng
PR & Marketing of LeadBest Consulting Group
anita.tseng@getoken.io
Source: EchoX
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