Crypto winter has helped chill demand for NFTs, but that hasn’t stopped startups that use them from raising money.
Crypto winter has helped chill demand for nonfungible tokens, but that hasn't stopped startups that use them from raising money. Horizon Blockchain Games said it secured $40 million as it continues to build out the Sequence developer platform, Niftyswap digital-asset marketplace and Skyweaver virtual trading card game.Brevan Howard Digital and Morgan Creek Digital led the Series A funding round for Toronto-based Horizon, which was founded in 2017. Chief Financial Officer Deborah Marfurt declined to disclose the company's valuation, but said in an interview that it was higher than in the company's previous funding round last year. Traditional video gaming companies Ubisoft Entertainment SA and Take-Two Interactive Software, Inc. also participated in the round. Horizon was valued at $89.5 million after last year's funding round, according to PitchBook data.
Horizon's...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...