Newman Capital Invests in Web3 Gaming Wallet Infrastructure Startup Openfort

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HONG KONG SAR – Media OutReach – 23 May 2023 – Newman Capital is proud to announce its investment in Openfort, a cutting-edge blockchain wallet infrastructure startup focused on Web3 gaming. With the investment from Newman, Openfort has completed its $3 million seed round fundraising, which was co-led by gumi Cryptos Capital and Maven 11. Game7 and NGC Ventures also participated in this round.

https://www.linkedin.com/company/newman-capital-vc/

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About Newman Capital

Newman Capital is a proprietary venture capital firm headquartered in Hong Kong with a footprint throughout Asia and the US. Our vast knowledge and network allow us to interconnect with diverse communities. East and West, Web2 and Web3, developed and emerging markets, and more. We seek extraordinary founders and technology at the forefront of Web3 and connect them with top-tier resources, unlocking new opportunities and access, enabling them to scale with true impact. We focus on investing in early-stage consumer-facing applications and related infrastructure within the entertainment, social, and gaming sectors.

Learn more about Newman Capital at

About Openfort

Openfort is a wallet-as-a-service solution that allows game developers to easily integrate blockchain accounts into their games. The platform leverages account abstraction to offer seamless transactions, batch transactions, and multi-chain transactions, as well as player management and authentication. The platform eliminates gas fees, wallet popups, and prompts during gameplay, and supports ERC20 tokens. Openfort is the best solution for games and gamified experiences that doesn’t compromise on user experience.

Learn more about Openfort at