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

Published by

Elena R

January 12, 2024

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.

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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.

Published by

Elena R

Tags: funding