Axie Infinity creator raises $150M led by Binance to reimburse stolen funds

2022.04.06 18:41

Axie Infinity creator raises $150M led by Binance to reimburse stolen funds

Sky Mavis, the creator of the popular play-to-earn nonfungible token game Axie Infinity has raised $150 million in a new funding round led by Binance.

The fundraiser is aimed at reimbursing lost funds from the recent exploit on Axie Infinity’s Ronin Bridge, which resulted in the loss of over $600 million. The funding round also saw participation from Animoca Brands, a16z, Dialectic, Paradigm and Accel.

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