Axie Infinity developer secures $152M in Collection B funding from traders

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Sky Mavis, the studio behind the favored Axie Infinity non-fungible token (NFT) sport has introduced a recent spherical of funding for the corporate.

In a assertion issued on Tuesday, Sky Mavis introduced that it had closed a $152 million Collection B funding spherical.

In accordance with the announcement, notable crypto and blockchain traders like international change large FTX, enterprise capital fund Andreessen Horowitz (a16z) participated within the funding spherical.

The Axie Infinity maker stated it will likely be utilizing the funds to “create financial and monetary freedom for avid gamers.”

Sky Mavis additionally has plans for important upgrades to its gaming platform and the discharge of its Ronin-based decentralized change.

It is a creating story and can be up to date.