Gaming platform Fenix Games raised $150 million from Phoenix Group and Cypher Capital. The platform will concentrate on the marriage of game market economies and live operations in order to provide publishing services to all game models, including premium, free-to-play, and blockchain gaming on all platforms.
Fenix Games intends to build a blockchain game publishing platform. The new company suggests that blockchain gaming is on the verge of a consolidation in which large companies will emerge by acquiring or funding all strong startups. Fenix Games intends to acquire, invest in, and publish both existing games and future blockchain games.
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Gaming platform Fenix Games raised $150 million from Phoenix Group and Cypher Capital. The platform will concentrate on the marriage of game market economies and live operations in order to provide publishing services to all game models, including premium, free-to-play, and blockchain gaming on all platforms.
Fenix Games intends to build a blockchain game publishing platform. The new company suggests that blockchain gaming is on the verge of a consolidation in which large companies will emerge by acquiring or funding all strong startups. Fenix Games intends to acquire, invest in, and publish both existing games and future blockchain games.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.
