Monkey Tilt Raises $30M in Series A Funding for Blockchain Gaming
Monkey Tilt announced on Wednesday that it has raised $30 million in Series A funding to expand its blockchain-based gaming and entertainment platform.
According to a press release by the company , the funding round was led by Pantera Capital participation from Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, and Josh Hannah, bringing total investments to over $50 million.
Entertainment and Gaming Combined with Crypto Payments
Monkey Tilt was launched in March 2024 and has developed a platform that integrates traditional casino experiences with blockchain technology and crypto payments. It includes dealer-led craps and roulette, a 24/7 sportsbook, and multi-currency payment support.
The company highlighted its crypto payment infrastructure in the statement, which allows wagering with a wide range of digital assets. This feature has made it a destination for both experienced players and new users interested in exploring blockchain gaming.
“The reality is this industry has failed to keep up with how people want to game, connect, and interact. Monkey Tilt was designed to completely upend what we think of as the traditional gaming experience,” said Monkey Tilt Founder and CEO Sam Kiki.
Monkey Tilt plans to use the new funds to enhance its existing platform and introduce additional offerings. These will include a gamified crypto trading product for launch in early 2025.
- Trader Turns $21K into $2.68M in 4 Days with $CHILLGUY
- Stellar Faces 50% Crash? $XLM Exhibits Heavily Overbought Price Patterns Following XRP-Like Hike
- Bitcoin Will Reach $100k Soon: Industry Experts Explain Why and The Impact On Investors
- XRP To Reach $3 By End of 2024? Ripple Investors Are Anticipating a Huge Rally
- Pepe Unchained Presale Breaks $40M, Averaging $1.6M Daily – FOMO Could Fuel 100x Gains After Tier-1 Listing
- Bitcoin (BTC) Price Prediction
- Ethereum (ETH) Price Prediction
- Ripple (XRP) Price Prediction
- Dogecoin (DOGE) Price Prediction
- Solana (SOL) Price Prediction
- Best Crypto Wallets
- Best Crypto to Buy Now
- Best Crypto Presales to Invest In
- Best New Meme Coins to Buy
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana DEX volume hits record high: Is SOL price headed to $300?
BTC falls below $98,000
Metalayer plans to set up a $25 million crypto venture capital fund