raise
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Vietnam-based GameFi infrastructure company Ancient8 is hoping to ride on the success of major crypto gaming title Axie Infinity
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BNY Mellon participated in the strategic round as the fund group seeks to expand headcount
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The fresh injection of capital will go to further the platform’s offerings, including a developer fund and a DAO for Web3 community grants
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The developer of the Avalanche blockchain is in the midst of a $350 million funding round, according to Bloomberg News
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The planned growth efforts follow a $450 million fundraise, putting the company’s valuation at $7 billion
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The Ethereum layer-2 developer is raising at least $100 million, Israeli newspaper Calcalist reported
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Blockworks Exclusive: The fund plans to raise about $50 million of capital overall
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The capital will go toward staff expansion and marketing, co-founder and CEO Trevor Bacon told Blockworks
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Founders have asked the firm to take a more active role in managing its tokens — this fund will give it that ability to engage further, it said
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