Sponsored View Non-AMP

Investors Bet Big on Blockchain Gaming: SkyArk Secures $15M Funding

Published by
Elena R

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. 

Binance takes it to Twitter!

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.”

Significant Investors Are…..

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. 

Firm Plans to Move Overseas

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. 

Disclaimer and Risk Warning

The content on Coinpedia's sponsored page is provided by third parties and is intended for promotional purposes. Coinpedia does not endorse, guarantee, or take responsibility for the accuracy, quality, or effectiveness of any services, products, or information presented in these sponsored materials. The inclusion of sponsored content does not imply Coinpedia’s approval or support. Readers are advised to exercise due diligence and conduct their research before making decisions or taking action based on the information presented in sponsored content.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Recent Posts

Private Credit Is Cracking: Are We Headed for a 2008-Like Crisis?

The Federal Reserve is asking major US banks how exposed they are to the private…

April 11, 2026

CLARITY Act Could Unlock Institutional Capital Into Crypto Markets

The U.S. crypto market could be nearing a major turning point as support for the…

April 11, 2026

Kalshi Wins as Federal Court Blocks Arizona Crackdown Until 24th April

A federal judge in Arizona temporarily blocked the state from enforcing gambling laws against Kalshi,…

April 11, 2026

No, Bitcoin Has Not Bottomed Yet: Analyst Who Called the Top Explains Why

Bitcoin just had its best week in a while. The ceasefire rally, the CPI relief,…

April 11, 2026

The U.S Moves $177K in Bitcoin, But the Real Story Is Bigger

The U.S. government just moved over 2 BTC to a Coinbase Prime wallet, but the…

April 11, 2026

Bhutan Cuts Bitcoin Holdings by 70% Over 18 Months

Bhutan has sold about 70% of its Bitcoin holdings over the past 18 months, with…

April 11, 2026