Gaming

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, announced Monday it has completed the acquisition of 100 percent of the issued capital of French racing game developer Eden Games S.A.S. from Engine Gaming & Media. Animoca Brands will leverage the expertise and capabilities of Eden Games to work…

Sky Mavis, the Vietnamese gaming firm behind play-to-earn game Axie Infinity, said Thursday it has raised $150 million funding round led by Binance to restore funds on the Ronin Bridge.The round also saw the participation of Animoca Brands, a16z, Dialectic, Paradigm and Accel. The fund will be used to reimburse user funds affected by the Ronin Validator…

Singapore based consumer internet company Glance InMobi Pte Ltd (Glance), announced that it has acquired Indian gaming company Gambit Sports Pvt Ltd. (Gambit), to accelerate its ambition of building the biggest platform for non-fungible token (NFT)-based live gaming experiences for Gen-Z, across markets.The acquisition brings together Glance’s scale and…

Rex Regum Qeon (also known as RRQ) on Tuesday launched its new project RRQ Guild, in collaboration with tech startup Alterra, to expand blockchain based play-to-earn communities globally through its fanbase and online-to-offline (O2O) presence. RRQ teamed up Alterra to leverage the latter’s technology expertise and O2O presence in over 90 cities in…

LEET Technology Inc. (LEET) has partnered with Smart Communications Inc. (Smart), to develop Smart GIGA Arena, the first all-in-one online esports gaming platform in the Philippines. Enabling Filipinos to pursue their mobile gaming passion, Smart GIGA Arena is built on a proprietary esports and social gaming platform, by LEET. This platform on the fastest…

Animoca Brands has acquired Australia-based indie game developer Grease Monkey Games. With extensive experience in motorsports games development and established industry partnerships across motorsports and automotive manufacturing, Grease Monkey Games adds significant game development capabilities and expertise to Animoca Brands.

Animoca Brands announced Tuesday it has begun operations in Japan with the launch of its strategic subsidiary Animoca Brands KK (Animoca Brands Japan), which has completed a raise of ¥1.1 billion ($10 million) of funding in its seed round. Animoca Brands Japan will use the new capital to expand its business in Japan with the goal to enhance the reach of…

Binance has announced the signing of a Memorandum of Understanding (MoU) for a strategic partnership with Netmarble F&C, to build a global Play to Earn (P2E) ecosystem and non-fungible token (NFT) offering. Through the strategic partnership, the two teams will develop and contribute to the infrastructure of Binance Smart Chain (BSC) through BSC…

Summoners Arena announced Friday the completion of a $3 million round of seed financing. The round was led by Pantera Capital, with participation from Coinbase Ventures, Onechain Technology, GuildFi, Merit Circle, Cosmic Guild, Coin98 Ventures, Istari Ventures, Spartan Group, Impossible Finance, Kyber Ventures, and Kyros Ventures as well as several…