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Axie Infinity developer secures $152M in Sequence B funding from buyers



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

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

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

The Axie Infinity maker stated will probably be utilizing the funds to “create financial and monetary freedom for players.”

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

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