Cryptocurrency rewards platform SocialGood completes approximately $5.63 million in Series B funding

The Tokyo-based cryptocurrency rewards platform SocialGood announced the completion of a ¥880 million (approximately $5.63 million) Series B funding round, bringing its total funding to ¥2.4 billion ($15.35 million).

This funding round raised ¥880 million through third-party private placements (including i-nest capital Co., Ltd.) and loans. The company plans to use the new funds to further strengthen its internal management system and governance structure. It is reported that the platform provided by SocialGood aggregates e-commerce sites such as eBay, Walmart, and Booking.com, as well as mobile games like "Rise of Kingdoms" and "Ball Sort." Users can accumulate cryptocurrency rewards like Bitcoin for free by purchasing goods or services through the platform.