EchoX Completes Seed Funding | Alexa Blockchain

EchoX, invested by LeadBest Consulting Group, which specializes in Web3 data capitalization solutions, successfully closed its seed round financing and achieved a multi-million dollar valuation. Investors include CoinPost, Japan’s leading blockchain media, NERO Holdings, and various regional strategic institutions. Previous angel investors have also increased their support, reflecting their confidence in EchoX’s trajectory, especially after it became an IT supplier to Deloitte Japan.

On March 29, executives from CoinPost and NERO Holdings joined EchoX at a media event in Taipei to announce the completion of EchoX’s seed round of funding. CoinPost CEO Kagami Takahito, NERO Holdings COO Paul Lei, and LeadBest Group CEO Neil Lee attended. At the event, a Taiwan-Japan strategic cooperation agreement was signed and the establishment of SUDACHI Tech, a Japanese joint venture to promote Web3 transition consulting services for Japanese companies, was announced.

Neil Lee highlighted Japan’s commitment to Web3 as a national strategy and its significant market potential, with Statista forecasting that the software market size will reach $10.4 billion by 2024.

LeadBest aims to capitalize on this opportunity by expanding into Japan and integrating industry, government and academia connections to lead the application of Web3 technology within Japanese enterprises, targeting sales of over $100 million in the next three years. CoinPost, Japan’s largest blockchain media, hosted the WebX Summit last year, which attracted more than 16,500 attendees from around the world and received personal support from Japanese Prime Minister Fumio Kishida.

Initially known for its NFT curation expertise, EchoX has transitioned into a leading provider of Web3 data assetization solutions, serving clients such as Dentsu Taiwan and Yulon Group. With Japan’s strong push for Web3 and AI digital transformation, EchoX will bring Taiwan’s advanced software technology to the forefront. The debut project in this field is the upcoming TEAMZ Web3/AI Summit in Tokyo, where it will present the Web3 exhibition social solutions platform for enhanced business networking.

EchoX’s parent company, LeadBest, is dedicated to advancing Taiwanese software technology globally. Through a three-party alliance strengthened by Japan’s proactive stance on Web3 and digital transformation, LeadBest promotes the integration of Web3 solutions into Japanese companies. Geared towards high-engagement sectors such as automotive, insurance, media, entertainment and ticketing, this collaboration addresses urgent transformation needs. LeadBest aims to empower more Taiwanese technical teams for overseas verification. After achieving initial success in Japan in 2024, we plan to expand into the Asia Pacific region and replicate our results in other countries.

Introduction to CoinPost
CoinPost is Japan’s largest Web3 information media, established in July 2017 to provide accurate information to Japanese cryptocurrency investors and promote Japanese cryptocurrency information globally. We host WebX, one of the largest Web3 summits in Asia.

Introduction to LeadBest Consulting Group
LeadBest Consulting Group provides multinational digital empowerment consulting that connects businesses to the world of the future through agile thinking and integration of technologies, including AI, IoT, cloud computing, blockchain and cybersecurity.

About EchoX
EchoX is a leading WEB3.0 technology service in the Asia Pacific region that transforms corporate data into digital assets through blockchain. WEB3.0 data solution platform has been developed with more than 25 blockchain modules suitable for various industries, enabling short-term deployment.

Media Contact
Anita Cheong
LeadBest Consulting Group Public Relations and Marketing
anita.tseng@getoken.io

Source: EchoX

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