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Animoca Brands’ gaming platform GAMEE secures funding from Pantera Capital

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GAMEE, the cell gaming platform behind the WatBird sport, has acquired an funding from Pantera Capital to broaden its presence on The Open Community.

Animoca Manufacturers‘ gaming subsidiary, GAMEE, has acquired an funding from Pantera Capital, a California-based enterprise capital agency, to increase its attain throughout a number of blockchain networks, in accordance with an Aug. 21 press launch.

Whereas the funding dimension was not disclosed, the funding is known to assist GAMEE broaden its presence on The Open Community (TON) through WatBird, a Telegram-based app. Animoca notes that the funding from Pantera follows a current funding GAMEE acquired from TON Ventures, a enterprise capital agency centered on backing TON-based startups.

Commenting on the funding, GAMEE co-founder Bozena Rezab mentioned the funding represents a “vital vote of confidence in our imaginative and prescient to seamlessly combine web3 mechanics into the gaming experiences we’ve cultivated for our group of 90 million avid gamers.”

“This help will assist us speed up our mission to strengthen the group’s engagement with the TON ecosystem.”

Bozena Rezab

You may additionally like: NFT large Animoca Manufacturers companions with Lamborghini

For Pantera Capital, this funding marks one other transfer to double down on its strategic funding in TON. In Could, the agency introduced its “largest funding ever” within the community, underscoring its perception in TON’s potential ate of the bankrupt FTX trade. On the time, Pantera mentioned it had determined to put money into TON because the platform to “introduce crypto to the plenty as a result of it’s used extensively throughout the Telegram community.”

Though Pantera didn’t disclose the quantity of its funding in GAMEE, it follows a $250 million buy of Solana (SOL) from the property of the bankrupt FTX trade, highlighting the agency’s ongoing dedication to increasing its affect within the blockchain house.

Learn extra: TON secures prime gainer spot with 7% leap, however market indicators warning forward

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