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Tuesday, 12/14/2021 1:09:38 PM

Tuesday, December 14, 2021 1:09:38 PM

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Solana Ventures Looks to Boost Web 3 Gaming With Launch of $150M Fund

Tue, 14 December 2021, 12:41

"Investors have bet big on the future of play-to-earn gaming, and they aren’t done yet.

Solana Ventures, Forte and Griffin Gaming Partners have pledged to invest $150 million in Web 3 game builders, the companies announced Tuesday.

The initiative is the second major investment Solana Ventures has made into the blockchain’s gaming ecosystem, the first being a $100 million fund co-led by FTX and Lightspeed in November.

Griffin says it has now invested over $400 million into gaming and Web 3 companies in the past two years, according to a press release."



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