Monkey Tilt Raises $30M in Series A Funding for Blockchain Gaming Hongji Feng | usagoldmines.com

Monkey Tilt announced on Wednesday that it has raised $30 million in Series A funding to expand its blockchain-based gaming and entertainment platform.

According to a press release by the company, the funding round was led by Pantera Capital participation from Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, and Josh Hannah, bringing total investments to over $50 million.

Entertainment and Gaming Combined with Crypto Payments

Monkey Tilt was launched in March 2024 and has developed a platform that integrates traditional casino experiences with blockchain technology and crypto payments. It includes dealer-led craps and roulette, a 24/7 sportsbook, and multi-currency payment support.

The company highlighted its crypto payment infrastructure in the statement, which allows wagering with a wide range of digital assets. This feature has made it a destination for both experienced players and new users interested in exploring blockchain gaming.

“The reality is this industry has failed to keep up with how people want to game, connect, and interact. Monkey Tilt was designed to completely upend what we think of as the traditional gaming experience,” said Monkey Tilt Founder and CEO Sam Kiki.

Monkey Tilt plans to use the new funds to enhance its existing platform and introduce additional offerings. These will include a gamified crypto trading product for launch in early 2025.

The post Monkey Tilt Raises $30M in Series A Funding for Blockchain Gaming appeared first on Cryptonews.

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.