Forte Adds $725 Million in Funding to Push Blockchain Gaming Forward

Blockchain company, Forte, raises $725 million in a Series B led by Sea Capital and Kora Management.


Blockworks exclusive art by Axel Rangel


key takeaways

  • Forte completes one of the largest raises in the digital asset space this year
  • The company hopes to provide blockchain gaming solutions to traditional game studios to help them leverage the power of digital assets and empower gamers around the world

Forte, a company that aims to onboard major game developers into the blockchain world, closed its Series B which added $725 million of capital from Sea Capital and Kora Management, according to a press release.

Other notable investors in Forte include Andreessen Horowitz, Cosmos, Polygon Studios, Solana Ventures, and the game studio behind The Sandbox; Animoca Brands. The platform already has more than 25 world-class game developers utilizing their solutions, notes the company’s website.

A sample of Forte's 25 developer partners
A sample of Forte’s 25 developer partners

The company is building turnkey solutions for traditional game studios to leverage blockchain technology such as wallet integrations, AML/KYC compliance solutions, NFT marketplaces, payment rails, and more.

“We believe we are at the forefront of a new technological wave, and blockchain gaming will be even bigger than all the shifts we’ve seen before,” said Forte co-founder and CEO Josh Williams.

The platform allows games to integrate various digital assets into their current product offerings, such as NFTs or player-to-player marketplaces for in-game assets to be traded. It will also enable interoperability between various layer-1 and layer-2 chains throughout the cryptocurrency ecosystem. 

“We partnered with Forte because of its ethos of building a platform that is simple to integrate without limiting developer flexibility or control, building for the long-term, solving scalability challenges that limit transaction throughput on blockchains today, mitigating high latency and costs associated with blockchain transactions, as well as future-proofing with blockchain portability and cross-chain interoperability.” said Daniel Jacobs, Kora Capital’s founder.

The company is focused on transitioning to a decentralized structure over the long term. Their vision is to create a platform that is owned, controlled, and nurtured by the gaming community. By doing so, developers, players, and publishers of all sizes will be able to reap the benefits of community economics without relying on a centralized entity, according to their website.

The Forte team is composed of industry veterans in the gaming field. The team includes alumni from Electronic Arts, Sony, Rockstar Games, Unity, and others. They have raised $900 million to date, and today’s announcement marks one of the largest raises by a crypto focused company this year, a year already marked by large fundraises.

Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Screenshot 2024-05-23 091855.png


Bitcoin L2s aim to boost scalability while preserving decentralization and security, unlocking a better user experience, and new avenues for Bitcoin-powered innovations. However, no existing Bitcoin L2 leverages the full security of Bitcoin.



As part of the #Breakout2024 plans, Radix has introduced Token Trek


House members ask Gensler to keep a “consistent and equitable approach” with ether ETF proposals after the agency approved spot bitcoin ETFs in January


Using old-world instruments to address crypto user experience challenges goes against what this industry set out to do


And, weeks of a potential crypto ETF decision are no stranger to chaos


The FIT21 Act marks the second crypto-focused piece of legislation to advance in Congress this month


More than half of Solana transactions fail