Sam Martin

<div id="highlights-block_618eaff29e698" class="highlights">
 <ul>
 <li>Forte completes one of the largest raises in the digital asset space this year</li>
 <li>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</li>
 </ul>
 
</div>



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, <a href="https://www.businesswire.com/news/home/20211112005457/en/">according</a> 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, <a href="https://www.forte.io">notes</a> the company&#8217;s website.



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="914" height="311" src="https://blockworks-co.imgix.net/wp-content/uploads/2021/11/Screenshot-2021-11-12-at-19.41.22.png" alt="A sample of Forte's 25 developer partners" class="wp-image-11092" srcset="https://blockworks-co.imgix.net/wp-content/uploads/2021/11/Screenshot-2021-11-12-at-19.41.22.png?w=914 914w, https://blockworks-co.imgix.net/wp-content/uploads/2021/11/Screenshot-2021-11-12-at-19.41.22.png?w=300 300w, https://blockworks-co.imgix.net/wp-content/uploads/2021/11/Screenshot-2021-11-12-at-19.41.22.png?w=768 768w, https://blockworks-co.imgix.net/wp-content/uploads/2021/11/Screenshot-2021-11-12-at-19.41.22.png?w=428 428w, https://blockworks-co.imgix.net/wp-content/uploads/2021/11/Screenshot-2021-11-12-at-19.41.22.png?w=470 470w, https://blockworks-co.imgix.net/wp-content/uploads/2021/11/Screenshot-2021-11-12-at-19.41.22.png?w=389 389w, https://blockworks-co.imgix.net/wp-content/uploads/2021/11/Screenshot-2021-11-12-at-19.41.22.png?w=80 80w" sizes="auto, (max-width: 914px) 100vw, 914px" /><figcaption>A sample of Forte&#8217;s 25 developer partners</figcaption></figure>



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 <a href="https://www.forte.io" target="_blank" rel="noreferrer noopener">platform</a> 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, <a href="https://www.forte.io/?page_id=10">according</a> 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 <a href="https://news.yahoo.com/big-money-apes-blockchain-gaming-154615315.html" target="_blank" rel="noreferrer noopener">have raised</a> $900 million to date, and today’s announcement marks <a href="https://www.dovemetrics.com" target="_blank" rel="noreferrer noopener">one of the largest</a> raises by a crypto focused company this year, a year already <a href="https://cms.blockworks.co/?s=funding" target="_blank" rel="noreferrer noopener">marked by large fundraises</a>.



<hr class="wp-block-separator"/>
Get the day’s top crypto news and insights delivered to your inbox every evening.&nbsp;<a href="https://cms.blockworks.co/newsletter/?source=end" target="_blank" rel="noreferrer noopener">Subscribe to Blockworks’ free newsletter</a>&nbsp;now.
<hr class="wp-block-separator"/>

Kora Management

Newsletter

Blockworks Research