Tuesday, July 8, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

Axie Infinity developer received $ 152 million in B-Series funding from investors

by Margharet Tess
October 6, 2021
in Cryptheory News
Reading Time: 2 mins read

 

Sky Mavis, the studio behind the popular game Axie Infinity, has announced a new round of funding for the company.

Sky Mavis announced that it had closed a $ 152 million Series B funding round.

According to the announcement, major investors in cryptocurrencies and blockchains, such as the FTX global exchange and the Andreessen Horowitz venture capital fund, participated in the investment round.

Other investors in the $ 152 million financing round included Accel, Paradigm, Standard Crypto, as well as Fabric Ventures and Samsung Next.

The manufacturer of Axie Infinity stated that he would use these funds to “create economic and financial freedom for players” and added:

“While we have scaled at an astonishing rate, adding institutional investors to our community will allow us to expand our reach, strengthen our legitimacy in terms of regulatory protection, and give us the flexibility to scale aggressively and hire without affecting our AXS.”

AXS tokens

Tuesday’s funding announcement comes the second day after the AXS token reached a new all-time high above $ 155. It is currently trading at $ 132.

The parabolic rise in AXS prices was supported by significant developments, such as massive airdrops and the start of AXS staking.

Axie earned about $ 220 million in September, down from more than $ 342 million reported in August. However, the company recorded more than $ 2.2 billion in total trading volume

Conclusion

Sky Mavis also has plans for major upgrades to its gaming platform and the release of a decentralized Ronin-based exchange. Ronin is ETH’s side chain, which reportedly has $ 4.5 billion already locked in a network with approximately 2 million user wallets.

Start of end of ETH mining: ETH introduces EIP-3554

  • Author
  • Recent Posts
Margharet Tess
Margharet Tess
Editor, Developer at Cryptheory Labs
I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com
Margharet Tess
Latest posts by Margharet Tess (see all)
  • Bitcoin’s Ready to Blow… Upwards? - July 3, 2025
  • Ethereum’s $5K Dream: Breakout or Breakdown? - July 2, 2025
  • Ethereum’s Not Dead Yet: On-Chain Data Screams Rebound & Trading Tips - June 27, 2025
Tags: axie infinityFunding
Previous Post

Hong Kong has released an official whitepaper about its CBDC

Next Post

BTC attracted the most institutional money, ETH followed

Related Posts

Bitcoin’s Ready to Blow… Upwards?
Uncategorized

Bitcoin’s Ready to Blow… Upwards?

July 3, 2025
Ethereum's $5K Dream: Breakout or Breakdown?
Cryptheory News

Ethereum’s $5K Dream: Breakout or Breakdown?

July 2, 2025
Ethereum Is Cooking Again: Are You Gonna Ride or Cry?
Cryptheory News

Ethereum Is Cooking Again: Are You Gonna Ride or Cry?

June 30, 2025
Altcoin Tsunami Loading: Bitcoin Dominance Teases the Final Altpocalypse (Again)
Cryptheory News

Altcoin Tsunami Loading: Bitcoin Dominance Teases the Final Altpocalypse (Again)

June 26, 2025
Bitcoin: Everyone’s Scared, But The Charts Are Screaming “It Ain’t Over!”
Uncategorized

Bitcoin: Everyone’s Scared, But The Charts Are Screaming “It Ain’t Over!”

June 25, 2025
To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro
Uncategorized

To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro

June 23, 2025
2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again
Cryptheory News

2025 Déjà Vu? Why This Bitcoin Dump Might Just Be Your 2020 Moment All Over Again

June 23, 2025
Altseason Is Coming: Time to Saddle Up, Degens
Cryptheory News

Altseason Is Coming: Time to Saddle Up, Degens

June 20, 2025
Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone
Cryptheory News

Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone

June 20, 2025
Please login to join discussion
Track all markets on TradingView
Score: 0
Game Over

Popular

SOL's Big F***ing Breakout: Why Solana's About to Send You to the Moon

SOL’s Big F***ing Breakout: Why Solana’s About to Send You to the Moon

June 10, 2025
Bitcoin’s Ready to Blow… Upwards?

Bitcoin’s Ready to Blow… Upwards?

July 3, 2025
Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

June 18, 2025
What is Altcoin: Unveiling the World of Alternative Cryptocurrencies in 2025

What is Altcoin: Unveiling the World of Alternative Cryptocurrencies in 2025

June 18, 2025
Altseason Is Coming: Time to Saddle Up, Degens

Altseason Is Coming: Time to Saddle Up, Degens

June 20, 2025
Ethereum's $5K Dream: Breakout or Breakdown?

Ethereum’s $5K Dream: Breakout or Breakdown?

July 2, 2025
Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

June 10, 2025
Altcoin Tsunami Loading: Bitcoin Dominance Teases the Final Altpocalypse (Again)

Altcoin Tsunami Loading: Bitcoin Dominance Teases the Final Altpocalypse (Again)

June 26, 2025
10 Brilliant Reasons I’m Still Holding My 2018 Altcoin Bag (And Totally Not Crying Inside)

10 Brilliant Reasons I’m Still Holding My 2018 Altcoin Bag (And Totally Not Crying Inside)

July 1, 2025
Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

June 24, 2025

💥 What's Your Crypto Trading Spirit Animal?

1. Your reaction to a red 15% candle?

2. How do you read charts?

3. What’s your biggest trading sin?

4. Favorite indicator?

5. How do you set your stop-loss?

6. What's your ideal trading environment?

7. How do you handle losing trades?

8. What’s your position sizing like?

9. What's your backup plan if you get liquidated?

10. Your crypto endgame?

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

Platforms for Copy Trading

Platforms for Grid Trading

Glossary of trading and crypto terms

Crypto Portfolio Tracker

 

Cryptheory Labs Projects

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

Shiba Inu loading
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.