# HashPort

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hashport

- Industry: Financial Services
- Headquarters: Tokyo, Japan
- Website: https://hashport.io/
- Total disclosed funding: $6.9M
- Latest round: Series C (Jan 20, 2023)
- Investors on record: 2

## About

HashPort Inc. is a Tokyo-based company specializing in blockchain technology, dedicated to enhancing digital experiences through innovative decentralized solutions since its establishment in 2018.Founded in 2018 in Tokyo, Japan, HashPort Inc. provides blockchain solutions aimed at transforming the digital landscape. The company has successfully raised a total of JPY 900 million through its Series C financing on January 20, 2023, backed by Sumitomo Mitsui Banking Corporation and the University of Tokyo Edge Capital Partners. The firm has completed three deals since its inception.HashPort offers a comprehensive suite of products and services centered around blockchain technology, aimed at enhancing digital experiences and establishing decentralized solutions. The company's core offerings include the "EXPO2025 Digital Wallet," which integrates digital identification through SoulBound Tokens (SBT) to facilitate secure transactions and user verification. Additionally, HashPort has launched several engaging initiatives such as the "EXPO Pavilion Certification," which allows users to earn rewards and participate in exclusive experiences, and the "Senjyu NFT Stamp Rally," designed to encourage local tourism and interaction. The company's solutions cater to a diverse client base, including financial institutions, event organizers, and end users participating in the upcoming Osaka-Kansai Expo 2025, with a focus on markets within Japan and potentially extending to international visitors during the event.HashPort generates revenue through a combination of strategic partnerships and service offerings that involve both B2B and direct-to-consumer transactions. The firm collaborates with entities such as Nankai Electric Railway, which facilitates ticketing services for events like the Osaka-Kansai Expo, while also providing consulting and system development services to financial institutions looking to adopt Web3 solutions. Revenue streams are enhanced through participation fees for unique experiences and rewards programs, such as the "Miyakumyakuri Reward Program," which incentivizes user engagement. Furthermore, the company's subsidiary, HashPalette, is involved in the blockchain and NFT marketplace, thereby contributing additional revenue through transaction fees associated with NFT sales and services on the "PLT Place" platform.Following the Series C financing round, HashPort plans to utilize the raised funds to fortify its organizational structure and enhance its existing business operations. The company aims to introduce new products and services that align with the evolving blockchain landscape. Additionally, HashPort is targeting expansion into new markets, particularly focusing on international visitors during the Osaka-Kansai Expo 2025. By leveraging its recent funding, HashPort endeavors to strengthen its technological capabilities and broaden its reach.

## Funding rounds

- Series C, Jan 20, 2023, $6.9M — University of Tokyo Edge Capital Partners, Sumitomo Mitsui Banking Corporation

## Investors

- University of Tokyo Edge Capital Partners (https://capitalatlas.ai/funds/university-of-tokyo-edge-capital-partners) — Series C
- Sumitomo Mitsui Banking Corporation — Series C