A Triple-A gaming platform, SkyArk Chronicles, which is built on blockchain technology, closed its funding round at $15 million on Friday (January 12, 2024). This gaming platform was backed by one of the leading investment wing and crypto exchange platforms, Binance Labs. Besides that, around 40 investors have participated in the funding round.
SkyArk Chronicles immediately took to their social media handle about their recent investment, which read, “We’re thrilled to announce the successful completion of a $15 million funding round! @BinanceLabs led this round with participation from over 40 institutions.”
Besides Binance Labs, there are 40 other investors who backed the funding round, and some of them are GuildFi Global, Vividthree Productions, Jambo Technology and BreederDAO, while some of the individual investors are LayerZero CEO Bryan Pellegrino, Story Protocol CEO S.Y. Lee, and Tangent Ventures Co-Founder Wangarian have taken an active part in the recent funding round of SkyArk.
SkyArk envisions tracking a decent record while at the same time generating adequate revenue through their recent summed-up capital. Besides this, they are planning to move ahead with revolutionising around the world apart from the base country, Singapore.
While the crypto market today has been ranging sideways, Ethereum has made decent moves both…
The Solana Foundation has signed a Memorandum of Understanding (MOU) with Dubai’s Virtual Assets Regulatory…
Ripple’s stablecoin, RLUSD, has received approval from the Dubai Financial Services Authority (DFSA) for use…
An account dedicated to posting news and updates about Pi Network recently ran a poll…
Ethereum posts first monthly positive returns in 2025 following whale and ETF buying pressure, surging…
XRP has changed the tone of big institutions who thought Bitcoin is the only assets…
