Advertise
Elena R
Elena R
Author
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.
- Jan 12, 2024 15:17 UTC
-
Investors Bet Big on Blockchain Gaming: SkyArk Secures $15M Funding
SkyArk Chronicles raised $15 million in a funding round led by Binance Labs.
Over 40 investors, including industry giants and individuals, participated in the successful round.
SkyArk aims to use the funds to achieve major gaming success, generate revenue, and expand globally.
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.
Yes 
No 
