As the company expands to NFT, Mythical Games announces to raise $150 million

Myth game Announce Ended a round of financing of US$150 million. The company conducted the financing on Thursday at a valuation of US$1.25 billion, led by global venture capital firm Andreessen Horowitz.

Mythical said it plans to use this new capital injection to help integrate non-fungible tokens (NFT) into the game. Anderson general partner Arianna Simpson said in a statement:

“Co-founders John, Jamie, and Rudy have extensive experience in the gaming industry and have built a world-class team to support their vision. We are very happy to work with them to bring NFT games to a larger stage.”

Other investors in this round include venture capital firms D1 Capital, 32 Equity (the investment arm of the National Football League), RedBird Capital, Com2Us and The Raine Group, as well as cryptocurrency exchanges FTX and Binance Labs. Several professional sports team owners also participated in the game, including Jonathan Kraft of the New England Patriots and Michael Gordon of the Boston Red Sox. Ryan Tedder of OneRepublic said:

“As an early believer and investor in blockchain technology and NFT, as well as an earlier believer in video games, I am happy to help support a company that not only understands where the world is in games and technology, but also understands its direction of development. ”

Mythical previously announced a $75 million financing June, the same month Anderson Horowitz Launched the largest crypto venture fund ever. That fund Led a $2.5 billion Series C financing October is the blockchain platform Alchemy.