Expansion of Investment Areas from Metaverse Projects to Metaverse Infrastructure
Hillstone Partners (CEO Hwang Ra-yeol) announced on the 2nd that it has made an investment in DeepBrain Chain (DBC) to build infrastructure for the domestic metaverse and AI industries. The entire investment will be used to establish a high-performance cloud computing pool infrastructure based on GPUs.
DeepBrain Chain (CEO Heo Jong) is a first-generation blockchain project in China that officially launched a decentralized computing resource network in 2018 and officially launched its GPU computing resource mainnet in November 2021. Based on a GPU cloud resource network platform service, DeepBrain Chain has recently expanded its business areas to Korea, along with the United States (NexuiCom) and China (Tianyucloud).
Hillstone Partners, with extensive experience in the financial investment industry and blockchain sector, has recently made concentrated investments in virtual asset projects and infrastructure areas such as NFTs and the metaverse, including investing in the synthetic asset-based platform LULU Market project. Through this investment in the GPU cloud platform, the company plans to secure infrastructure within the domestic metaverse industry and gain a favorable position in related foundational industries.
Hwang Ra-yeol, CEO of Hillstone Partners, stated, “The metaverse industry requires complex computations. The computing resources supplied globally by DBC serve as edge nodes that can meet the demands of various industries, providing a solid foundation for building metaverse infrastructure.” He added, “Recently, there has been a significant market demand for high-performance computing resources needed for services such as the metaverse, AI, cloud gaming, and blockchain. We have made this investment to establish domestic infrastructure for a GPU cloud computing power solution that allows related companies and developers to easily lease and use GPU resources.”
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