Gaming

Animoca Brands Japan begins operations, bags seed round of $10M

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 and Netmarble F&C sign MoU for strategic partnership to build a global P2E and NFT ecosystem

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…

Vietnamese blockchain gaming firm Summoners Arena raises $3M seed fund led by Pantera Capital

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…

Binance partners with South Korean entertainment firm YG Entertainment to develop metaverse, NFT and gaming opportunities

Binance has partnered with YG Entertainment (YG) to develop metaverse, non-fungible token (NFT) and gaming opportunities. As part of the strategic partnership, Binance and YG will cooperate on a range of blockchain projects, including collaborations in the NFT space. Binance will provide the NFT platform and technology infrastructure while YG will supply…

Australian mobile gaming firm iCandy buys 51 percent stake in Southeast Asian game developer Storms for $5.7M

iCandy Interactive Limited (iCandy) is acquiring 51 percent stake in Digital Games International Pte. Ltd. (Storms) for A$8 million ($5.69 million), which will be settled via the issuance of new fully paid ordinary shares of iCandy. The acquisition of Storms will allow iCandy to leverage its distribution network to further target a number of markets in Asia…

Hong Kong’s The Sandbox partners with Warner Music to create music-themed world in the metaverse

The Sandbox announced Thursday that it has partnered with Warner Music Group (WMG) to create the first music-themed world in The Sandbox gaming metaverse. A combination of musical theme park and concert venue, the Warner Music Group LAND in The Sandbox will feature concerts and musical experiences featuring WMG’s leading roster of artists,

The Sandbox and Brinc announce $50M Open Metaverse Accelerator Program funding for 100 startups

The Sandbox, a decentralized gaming metaverse and a subsidiary of Animoca Brands, has committed $50 million to Brinc, a global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse.

Singapore gaming firm Refract secures over $6M funding led by Sea Limited

Refract has secured over $6 million to continue the development of its AXIS motion capture technology, following the creation of an extended reality (XR) game development division. The Series A funding round saw investment from a number of investors anchored by Sea Limited,

NFT game project Slime Royale receives strategic investment from Vietnamese game firm Appota Group

Slime Royale has announced a strategic investment and incubation support from Appota Group. The Appota Group's investment and companionship would help Slime Royale access Appota Group's ecosystem of more than 50 million users.Additionally, with their experience in game publishing, Appota Group will provide appropriate strategic advice to make Slime Royale…