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Forte blockchain gaming platform raises $ 725 million in Series B

Forte blockchain gaming platform raises $ 725 million in Series B. Crypto giants like a16z, Cosmos, Polygon and Solana Ventures are among those who invested $ 725 million in a Series B round for the blockchain gaming platform Forte.

The Series B round was led by Sea Capital and Kora Management with a number of participating game publishers and media companies including Animoca Brands, Big Bets (Huuuge Games), Overwolf, Playstudios, Warner Music Group and zVentures (Razer). ).

These funds will be used to expand Fort’s products and services and accelerate the adoption of emerging content and game publishers.

Forte’s platform is used by game publishers to incorporate blockchain technology into their games. Forte also enables NFTs to be minted and traded.

In May, Fort raised $ 185 million in a Series A round on a $ 1 billion valuation led by Griffin Gaming Partners.

This Series B funding brings the total capital Fort raised this year to more than $ 900 million, making it one of the largest gaming platforms in the world.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.