Big Money Apes Into Blockchain Gaming With $725M Raise for Forte

Major crypto players Andreessen Horowitz (a16z), Cosmos, Polygon Studios and Solana Ventures were among those that have invested in an additional $725 million in funding to close a Series B round for the blockchain gaming platform Forte.

The round was led by Sea Capital and Kora Management with a number of game and media publishers participating, including Animoca Brands, Big Bets (Huuuge Games), Overwolf, Playstudios, Warner Music Group and zVentures (Razer).Funding will be used to expand Forte’s products and services, as well as speed up the onboarding of emerging game and content publishers.Forte’s platform is used by gaming publishers to incorporate blockchain technology into their games. The platform also allows non-fungible token (NFT) to be minted and sold.In May, Forte raised $185 million in a Series A round at a $1 billion valuation, led by Griffin Gaming Partners.This recent fundraise brings Forte’s total capital raised this year to more than $900 million.

Read more: Polygon Launches Unit to Grow Blockchain Gaming, NFTs

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