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Animoca Brands Japan, a subsidiary of Animoca Brands, the largest investment company in the crypto sector, has appointed industry veteran Kensuke Amo as its chief operating officer as the company continues to grow in Japan.
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Animoca announced on Wednesday that Amo, who served as managing executive officer at Coincheck and led the NFT and new crypto asset businesses, joined Animoca’s Japanese arm as COO on Thursday.
In a statement, Amo said that he will combine his knowledge and experience in business and rule-making in the Japanese Web3 industry to help Animoca Brands Japan, a strategic subsidiary of Animoca Brands, make the most of its assets and network, including its more than 400 portfolio companies.
Founded in 2021, Brands Japan has supported Japanese intellectual property rights and content owners in their global expansion in the Web3 space. Animoca received an undisclosed amount of investment from Mitsui & Co., one of Japan’s largest trading companies in June. In November, the company partnered with Cool Cats Group to expand the Japanese anime market.
In a statement, Animoca Brands Japan CEO Daisuke Iwase said that they will work to overcome various challenges at Animoca Brands Japan.
“Now that the temporary Web3 boom is over and only the fundamentals remain, I look forward to working with Kensuke, who continues to lead the areas of Crypto Assets, NFTs, and Metaverse in Japan and has successfully launched and managed many businesses,” he said.