Web3 game publisher Fenix Games has raised $150 million in new private funding for the purchase, financial aid, and distribution of blockchain games. Venture Beat reports.
Phoenix Group and Cypher Capital acted as investors in the platform’s funding round.
You can think of us as a venture capital fund.” […]. Bazaar is similar to early [mobile games], but we have yet to find our personal Clash of Clans in blockchain gaming,” said Fenix Games co. – founder and CEO Chris Ko.
The platform aims to support existing plans and fund new ones, he added.
Ko previously served as senior vice president of business development at Mythical Games, which in November 2021 raised $150 million from Andreessen Horowitz and other traders at a valuation of $1.25 billion.
In October 2022, blockchain gaming platform Stardust closed its required $30 million Series A funding round.
That same month, Canadian maker Horizon Blockchain Games attracted $40, 000 million in interest from Brevan Howard Digital and Morgan Creek Digital. All totals do not load.