Cryptocurrency gaming companies raised $476m in 2021

August 9, 2021


Cryptocurrency gaming companiesd

Blockchain-based gaming companies raised $476 million in the first half of 2021, according to a report from venture capital data aggregator InvestGame.

According to analysts, cryptocurrencies accounted for 0.9% of the gaming industry's $50.2 billion in total funding.

Compared to 2020, the number of blockchain companies' investment rounds in the industry doubled, from 12 to 24 deals.

Three firms raised 73% of the total $476m:

Forte - $185m;
Animoca Brands - $89m;
Mythical Games - $75m.

Recall that Axie Infinity's NFT game had a daily audience of more than one million users in August. In May, billionaire Mark Cuban backed the project in a $7.5bn Series A funding round.

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Hi there, my name is Zalman Weinberg. I'm enthusiast with over 7 years of experience in cryptocurrencies and blockchain. Professional Trader providing Blockchain solutions to Startups and Enterprises. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). I have also worked with multiple Forex broker APIs.

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