Mythical Games announces $150M raise as the company expands into NFTs
The game developer’s total valuation is now $1.25 Billion, following a successful raise. Mythical Games announced the conclusion of a $150 million fundraising round. The company conducted the raise at a $1.25 billion valuation on Thursday, which was led by global venture capital firm Andreessen Horowitz.Mythical said it plans to use this new infusion of capital to help integrate NFTs into games. Andreessen General Partner Arianna Simpson said in a statement:“Co-Founders John, Jamie, and Rudy have a wealth of experience in the gaming world, and have built a world-class team to support their....
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The blockchain-based game developer is currently working on an open-world multiplayer game with playable NFTs. Los Angeles-based NFT games developer Mythical Games announced a $75 million Series B financing with new and existing investors. The company plans to use the fund to popularize ownership in games through playable nonfungible tokens (NFTs).The funding round was led by WestCap Group. Other participants include 01 Advisors, Gary Vaynerchuk’s VaynerFund, Galaxy Digital, Javelin Venture Partners, Alumni Ventures and Struck Capital. The game developer studio raised a total of $120....
Mythical Games, a blockchain-based gaming company, has raised $150 million in its series C funding round. The round was led by A16z, who is aggressively investing in these kinds of crypto initiatives. It also had the participation of other companies like D1 Capital, Redbird Capital, The Raine Group, as well as from well known cryptocurrency exchanges like Binance and FTX.
Mythical Games Gets Unicorn Status in Latest Funding Round
Mythical Games, a blockchain gaming company, raised $150 million in its latest funding round, which was led by VC company A16z. Other backers included....
British luxury fashion house Burberry is entering the ever-expanding world of NFTs. The legacy designer brand is partnering with Mythical Games, the studio that runs Blankos Block Party for branded digital toys in-game. The partnership is the latest of many major fashion houses to join the ranks of NFT exploration. Blankos Block Party Blankos Block […]
Epic Games is open to blockchain game developers, but the company has no NFT plans. Gaming platforms are choosing sides on blockchain, cryptocurrencies and nonfungible tokens (NFTs) within their respective ecosystems. Following reports of Valve banning crypto and NFT-related games on Steam, its primary competitor, Epic Games Store showed a welcoming attitude for blockchain developers and the use of crypto in video games.Epic Games CEO Tim Sweeney said that the Epic Games Store would enable games using blockchain technology as long as the developers abide by the relevant laws and disclose....
Coinbase is rumoured to be in the midst of another funding round, attempting to raise up to $60m with a company valuation of $400m. The US-based company, which provides bitcoin wallets and merchant services, is expected to take on investment from venture capital firm DFJ and is looking to raise $40-60m, according to Re/Code. CoinDesk has contacted Coinbase, but is yet to receive a response. DFJ has declined to comment. Back in December, Coinbase raised $25m in a series B round, led by Andreessen Horowitz, bringing the total amount raised by the company to $30m. An article by TechCrunch....