NFT-Focused Line Next Secures $140 Million Investment in Funding Round Led by Peter Thiel-Sponsored Firm

In a groundbreaking move that underscores the surging interest in Non-Fungible Tokens (NFTs), Line Next, an NFT-centric platform, has successfully raised an impressive $140 million. This substantial investment round was spearheaded by a firm backed by none other than Peter Thiel, a distinguished entrepreneur and venture capitalist known for his foresight in backing transformative technologies. This development marks a significant milestone in the NFT landscape, signalling a robust confidence in its potential.

About Line Next

Line Next, a subsidiary of LINE, a messenger company with over 200 million users, is a trailblazer in the Non-Fungible Token (NFT) market. With its innovative approach, Line Next has formed 26 partnerships across various sectors, launched a beta of AlphaCrewz, a 3D avatar customization platform with NFTs, and officially launched its DOSI NFT marketplace. These initiatives demonstrate Line Next’s commitment to expanding the global NFT ecosystem.

Line Next’s CEO, Youngsu Ko, envisions building the world’s No. 1 NFT ecosystem and innovating communication toward the Web3 environment. With its robust infrastructure, strategic partnerships, and blockchain expertise, Line Next is poised to lead the NFT market’s expansion and establish a global NFT value chain.

Details of the Investment

Line Next, with its focus on leveraging NFTs, attracted the attention of investors and has successfully secured a substantial investment of $140 million. This funding round was led by a firm sponsored by Peter Thiel, a renowned entrepreneur and venture capitalist.

The investment round was a significant one, with a large number of investors showing interest. The lead investor, a firm sponsored by Peter Thiel, played a crucial role in this round. Thiel’s firm is known for its strategic investments in the tech industry, having backed successful ventures like PayPal and Facebook in the past.

The $140 million investment puts Line Next in a strong financial position, providing it with the necessary capital to further its objectives in the NFT space. This funding round not only provides Line Next with financial stability but also validates its business model and growth strategy in the eyes of prominent investors.

Impact and Future Prospect

Let’s delve into how this $140 million investment in Line Next could reshape the NFT landscape:

  • Enhanced Capabilities: The $140 million investment will significantly bolster Line Next’s capabilities. This financial boost will enable the platform to innovate further, potentially leading to the development of new features and services in the NFT space.
  • Investor Confidence: The funding round signals a strong belief in the future of NFTs among investors. This confidence is a clear indication that investors see NFTs as a significant part of the future digital landscape, rather than just a passing trend.
  • Market Leadership: With this substantial investment, Line Next is well-positioned to take the lead in the rapidly growing NFT market. The financial backing will provide Line Next with the resources it needs to capitalize on the growing interest in NFTs and establish itself as a market leader.
  • Future Prospects: The investment opens up promising future prospects for Line Next. With its strong financial backing and innovative approach, Line Next is well-positioned to take advantage of the growth potential in the NFT market and shape the future of the NFT landscape.


The substantial $140 million investment in Line Next is a significant milestone that underscores the growing confidence in the potential of NFTs. This investment not only bolsters Line Next’s capabilities but also positions it as a leader in the rapidly evolving NFT market. With strong investor confidence and promising future prospects, Line Next is set to shape the future of the NFT landscape. This development is a testament to the transformative potential of NFTs in the digital frontier. As we continue to witness the growth and innovation in this space, one thing is clear – NFTs are not just a passing trend, but a significant part of our digital future.

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