DeHorizon Raises $8.5M to Bring its Metaverse Game DeVerse to Life

The upcoming blockchain-based game that provides massively multiplayer online games with role-playing opportunities, or MMO/RPG for short, in “a barbarous version of high fantasy action-adventure game,” DeHorizon said.

article-image

Source: Shutterstock

share
  • In the metaverse, players can explore and fight in battles, mint non-fungible token monsters, mine for resources, embark on quests and tame wild creatures, among other things, the company said
  • This fundraise adds to the validity of the evolving world of metaverse, which is often used to describe the future of the internet, where the physical and digital worlds join forces in a shared virtual space

DeHorizon Foundation, the team behind the metaverse concept DeHorizon, announced that it has closed an $8.5 million pre-Series A round led by Sfermion, Dragonfly Capital and Everest Ventures Group. 

A list of investors also participated in the round including Animoca Brands, Yield Guild Games, Mechanism Capital, Gumi Cryptos Capital, Infinity Venture Crypto, Akatsuki Inc, BitScale, Republic Realm, Youbi Capital, Bybit and others, according to a press release.

The new capital will help the company accelerate its DeVerse game development and grow the team, it said. DeVerse is DeHorizon’s upcoming blockchain-based game that provides massively multiplayer online games with role-playing opportunities, or MMORPG for short, in “a barbarous version of high fantasy action-adventure game,” it said.

In the metaverse-aimed game, DeVerse players can explore and fight in battles, mint non-fungible token monsters, mine for resources, embark on quests and tame wild creatures, among other things, the company said. 

This fundraise adds validity to the evolving world of the metaverse — often used to describe the future of the internet — where the physical and digital worlds join forces in a shared virtual space.

The concept of the metaverse has taken the crypto world and mainstream media by storm in recent months. Metaverse upstart companies like Axie Infinity have rolled out staking programs, while established social media platforms like Facebook have also embraced the term; CEO Mark Zuckerberg said Facebook will become a “metaverse company.” 

In the future, DeHorizon plans to develop more blockchain-based games and make additional partnerships with artists, celebrities and more to “make their metaverse come to life,” it said. 

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Monad SR Report Graphic.png

Research

Monad is a new Layer 1 blockchain designed as a high performance, EVM-compatible platform.

article-image

Engineers from MetaMask, Coinbase, Google, and the Ethereum Foundation make the case for onchain AI agents via ERC-8004

article-image

Legacy payments firm partners with Anchorage Digital to issue a dollar-pegged token under new US stablecoin law

by Blockworks /
article-image

As Solana ETFs launch but network REV trends lower, Jito sits at the intersection of new capital inflows and microstructure improvements

article-image

The Truth Social parent will integrate Crypto.com Derivatives North America, allowing users to trade prediction contracts under federal oversight

by Blockworks /
article-image

Partnership surpasses $2 billion in staked assets and adds support for new Proof-of-Stake networks

by Blockworks /
article-image

The tokenization leader will merge with Cantor Equity Partners II, becoming the first public firm focused on securities tokenization

by Blockworks /