Sky Mavis, which developed the popular blockchain game Axie Infinity, is holding a Series B funding round with plans to raise $ 150 million.
In case of successful completion of the round, the capitalization of the company will exceed $ 3 billion. The probability of successful fundraising is very high, because the venture capital Andreessen Horowitz is in the lead in the round of financing. According to The Information, developers are forecasting $ 1 billion in revenue from in-game transactions this year.
Investor interest in Axie Infinity is not surprising. According to Messari, the game generated $ 787 million in revenue in the third quarter of this year. The growth compared to the previous quarter was 48 times. In addition, Messari analysts ranked the game in the fifth place in terms of capitalization in the world, estimating Axie Infinity at $ 29.9 billion.
Recall that a week ago, Sky Mavis launched the AXS token staking program, and a few days later introduced its own decentralized exchange. After that, the AXS token rate began to grow rapidly – over the last week, the growth was 114%.
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