The submit Binance Labs invests $15 million within the Web3 gaming platform Xterio! appeared first on Coinpedia Fintech Information
Binance Labs, the enterprise capital arm of Binance, has sponsored $15 million in Web3 gaming platform Xterio. The funding will likely be used to additional develop Xterio’s sport and know-how, with plans to combine AI and launch their token. Xterio raised $40 million in August 2022 at a $300 million valuation, led by FTX Ventures and different traders. The gaming platform concentrates on making a decentralized gaming ecosystem that integrates blockchain know-how and NFTs. The funding from Binance Labs is an indication of the rising attraction within the Web3 gaming trade and the potential for blockchain know-how to revolutionize the gaming world.
