SkyArk Studio, developers of blockchain-based video games, secured $15 million in its latest fundraising from over 40 institutional investors. Binance Labs led the strategic investment round.
Previous Binance incubation and this cash infusion fuel SkyArk’s goal of pioneering NFT gaming. The funds will further the studio’s roadmap for crafting proprietary crypto games like SkyArk Chronicles melding blockchain with gameplay.
Backing from global exchange leader Binance and VCs like LayerZero’s CEO affirms SkyArk’s vision for opening new models in gaming via crypto utilities. As the metaverse, web3 and asset ownership continue evolving, players increasingly expect true digital property rights.
After previously committing capital to mobile crypto gaming platforms, Binance smartly acquires equity in rising blockchain studios. SkyArk’s specialty around designing experiences that make crypto and NFTs integral shows why the firm attracted key industry support.
Powering the next generation of video games on open, transparent blockchains promises to disrupt the over $200 billion industry. SkyArk’s fresh funding ensures they remain on the cutting-edge of that imminent transformation.
#Blockchain #Gaming #VC #Crypto #Metaverse
