STANDAGE Co., Ltd. (Minato-ku, Tokyo; President and CEO: Akinori Adachi; hereinafter referred to as STANDAGE), a developer and provider of digital trading platforms, has received investment from C&R Incubation Lab Co., Ltd. (Minato-ku, Tokyo; President and CEO: Atsushi Yamamoto), an investment firm. The two companies are considering business partnerships and will comprehensively discuss the application of Web3 technologies such as blockchain and AI to B2B services.

■Fundraisingbackground

Standage was founded in 2017 and has been developing various products related to digital transformation in the trading industry, including an international trade settlement system that utilizes blockchain and digital currency. In addition, from 2022, we will provide a trade package service called "DigiTrad" for small and medium-sized enterprises aiming to enter the export business, and we are working to contribute to the overseas expansion of domestic companies, regional revitalization, and the expansion of Japan's exports.

C&R Incubation Lab is a group company of Creek & River Co., Ltd. (Minato-ku, Tokyo; President and CEO: Jun Kurosaki; hereinafter referred to as C&R). C&R is known as a pioneer in professional agencies for video, games, web, advertising and publishing, architecture, and computer science. In November 2022, they officially launched a housing exhibition platform in a metaverse space designed and developed by a first-class architect based on actual data, and in March 2023, they released the β1 version of "C&R Creative Studios Metaverse," a metaverse specializing in work and networking exclusively for creators, demonstrating their focus on utilizing cutting-edge technology. In addition, the C&R Group also operates professional agency businesses in the fields of medicine, IT, accounting, law, food, and fashion, expanding to a total of 18 fields.

Leveraging C&R's expertise and specialized personnel across various fields, including Web3, both companies will proceed with discussions to comprehensively collaborate on the development and operation of trade DX systems that Standage is working on, as well as strengthening the sales channel development capabilities of companies receiving trade support.

 

■C&RIncubation LabAbout

◇A wholly owned subsidiary of C&R Co., Ltd., established in October 2022 as a CVC (Corporate Venture Capital) with the aim of creating synergies with existing C&R Group businesses and acquiring seeds for new businesses.

Company Name: C&R Incubation Lab Co., Ltd.

Established: October 2022

Location: 4-1-1 Shinbashi, Minato-ku, Tokyo, Shintora-dori CORE

Representative: Atsushi Yamamoto, President and CEO

Business content: Investment business

Capital: 30,000 thousand yen

 

■About Standage

Founded in March 2017. With a vision of "creating a world where all countries have equal access to all things," the company is developing a new trade settlement system that utilizes blockchain and stable coins to enable the safe, secure, and inexpensive simultaneous exchange of "goods" and "money" regardless of region or country. The company sees its main market as emerging countries, especially in Africa, and has established bases in four African countries, including Nigeria, to carry out trade business with Africa. It is not limited to the trade settlement field, but develops and provides systems that realize digital transformation for the entire trade system, including market development, ordering, and international logistics, while also working to support exports by small and medium-sized enterprises in order to increase the number of new domestic trade players.

◇"DigiTrad" service official website:https://standage.co.jp/digitrad

Established: March 2017

Representative: President and CEO Akinori Adachi

Capital: 608,568,500 yen (including capital reserve of 302,782,500 yen)

URLhttps://standage.co.jp/