SG's Play Ventures raises $75m for blockchain gaming-focused fund

SG's Play Ventures raises $75m for blockchain gaming-focused fund

Singapore-based Play Ventures has raised $75 million for its blockchain gaming-focused fund called the Play Future Fund, according to a Venture Beat report.

The fund invests in startups exploring the intersection of web3 and gaming. It has made three investments so far: Community Gaming, a tournament-organisation platform that uses blockchain and NFT prizes; ReNFT, an NFT lending and renting protocol; and GuildFi, a DAO focused on Play-and-Earn games and guild management.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter