Sky Mavis studio secures $152M in a Series B funding round
Sky Mavis studio the Axie Infinity developer secures $152M in a recent Series B funding from investors, the gaming studio plans to use the fund to pursue further expansions in the emerging play-to-earn arena. Sky Mavis, the studio behind the popular nonfungible token (NFT) game Axie Infinity, has announced a new round of funding. Sky […]
Roll, a social token provider raises $10M in a Serie A funding
Social token provider, Roll has acquired $10 million in Serie A funding, bringing the total amount raised to $12.7 million. The company’s goal is to assist artists to tokenize their interactions with communities. Animoca Brands, Alchemy, Huobi Ventures, Weekend Fund, Mischief Fund, Audacity, and current investors such as Galaxy Interactive, Hustle Fund, Gary Vaynerchuk, Trevor […]
Yellow Card crypto exchange closes a $15M Series A fundraiser
African Yellow Card cryptocurrency exchange has closed a $15 million Serie A fundraising round sponsored by some of blockchain’s largest venture capital firms. Yellow Card announced Monday that the campaign, which was characterized as the largest ever by any African cryptocurrency exchange, will allow the company to extend its operations across Africa and onboard fresh […]
NFT fantasy soccer game Sorare raises $680 million from funding
Following the recent funding round of $680 million, Sorare is now valued at $4.3 billion. With the funds, the platform plans to delve into other sports, onboard women’s soccer teams, and open a U.S. office. Sorare, an Ethereum-based fantasy soccer game based on NFT trading cards, has seen a considerable increase in player numbers and […]
Huobi Ventures launches $10M fundraiser for GameFi
Huobi Ventures’ cryptocurrency exchange dedicated investment arm in a bid to combine digital assets and gaming has established a $10 million fund to invest in early-stage GameFi businesses. The fund will make direct investments in initiatives that combine blockchain gaming with decentralized financial infrastructure. Users can earn dividends using GameFi’s business methods , which include […]