Axie Infinity will raise $ 150 million at a valuation of $ 3 billion
Sky Mavis, the developer of Axie Infinity (AXS), is set to launch a $ 150 million financing round and raise the company’s valuation to $ 3 billion.
Follow CoinDesk, this financing round is organized by the famous investment firm Andreessen Horowitz (as known as A16z).
Previously, in May 2021, when the game wasn’t as explosive as it is now, Axie held a $ 7.5 million funding round at Libertus Capital, 500 Startups Vietnam, Collaborative Funds, billionaire Mark Cuban and the Reddit founder Alexis. involved Ohanian.
Since the introduction of staking for AXS in early October, the Axie token price has risen tremendously, breaking a new record on October 4th at $ 155.27. Axie’s stats page said that at 8:20 am on October 5th, more than 12.7 million AXS (valued at more than $ 1.73 billion) were staked by users with a return of 184%.
In-Game revenues were $ 220.32 million in September, a decrease of about 40% from the staggering 342 million in August. However, with a hugely successful staking launch event and open plans, many are optimistic about expanding the ecosystem in the near future, particularly building a DEX. the other perspectives of Axie Infinity.
In addition, Sky Mavis also plans to launch a completely new game play version of Axie Infinily in the next few months. There will definitely be comprehensive improvements that make gamers much happy compared to the current version. This will probably make the price of AXS continue to grow in the near future with a series of good news…