Crypto News

Skyweaver Creator Raises $40M

On October 4th, Horizon Blockchain Games announced it had secured $40 million in a Series A round of funding. These finances will be used to help grow Sequence, the organization’s all-in-one developer platform and smart wallet that makes it easy to build Web3 gaming experiences. This money will also help with the introduction of Niftyswap, a semi-fungible token (SFT) marketplace.

Participants in this round included Take-Two Interactive, Polygon, Ubisoft, BITKRAFT Ventures, and individual investors like Shopify’s Tobias Lütke, The Sandbox’s Sebastien Borget, and Axie Infinity co-founder Aleks Larsen. Funding was led by Brevan Howard Digital and Morgan Creek.

“At Horizon, we have a long-term vision for the future of web3, and are carefully building complementary products to support the ecosystem,” said Horizon Co-Founder Peter Kieltyka. “Our Series A allows us to grow the Sequence ecosystem by attracting more builders to our platform via marketing, community, and partnership initiatives. We also have big plans to expand the content and community features for our game Skyweaver and launch Niftyswap, a decentralized marketplace that makes exchanging SFTs easy and secure.”

Horizon Blockchain Games’ most famous current product is Skyweaver, a free-to-play trading card game that allows players to buy, sell, and trade SFTs with one another. An open beta launch was held for the game back in February of this year.

(All information was provided by Business Wire)

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