Following the news of the $221 million close on its Token Fund II, US/German investor Bitkraft has announced details of its expansion into the APAC region.
It’s hired Jin Oh as a partner. Oh is the former president of worldwide publishing Riot Games, as well as CEO of Garena and MD of Blizzard. He’s worked on titles ranging from Starcraft and WoW to Free Fire and Valorant.
Jonathan Huang joins as a principle. Based in Singapore, Huang previously worked on investments at Sea Capital and Temasek.
Bitkraft has also promoted founding team member Jasper Brand to partner. He recently worked on deals such as Frost Giant Studios, Inworld AI, and Theorycraft Games. Meanwhile Justin Swart is promoted to principal. He works on Bitkraft’s web3 team, with a particular interest on Africa, and led the recent deal with Carry1st.
Bitkraft now operates four funds with over $600 million in assets under management. Recent investments include CPP Games, Redemption Games, Horizon Blockchain Games and Methodical Games.