Investment firm Kepple Africa Ventures has announced an investment in Ryodan Systems AG. In addition, the two parties reached a strategic cooperation to accelerate the expansion of the INTMAX ecosystem into the African market.
It is reported that Ryodan Systems AG is the development company of the Ethereum Layer2 project INTMAX Stateless zkRollup and the cryptocurrency wallet INTMAX Wallet. (Coinpost)
According to news in April 2023, Ryodan Systems AG, a development company for the zkRollup second-layer network project INTMAX, announced the completion of a seed round of financing of approximately 650 million yen (approximately US$4.88 million) from HashKey Capital, Scroll, Yusaku Maezawa’s MZ Web3 Fund and Alchemy Venture. Angel investors such as Ethereum cryptographer Justin Drake and former Coinbase CTO Balaji Srinivasan also participated.