Web3 game studio Sortium completes over $4 million in financing, with Polygon and others participating
Sortium, a Web3 game studio specializing in generative AI, has announced the completion of a financing round of over $4 million, led by Signum Growth with participation from Cathie Wood's ARK Investment Management LLC, IDG Blockchain, IVC Fund, Polygon, and 1881 S Group AG. Sortium focuses on showcasing its technological framework to help potential partners and clients understand the goals that can be achieved with generative AI systems, blockchain, and dynamic private economic systems. The company completed a $7.75 million seed round in January last year, with cryptocurrency hedge fund Arca participating.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SEC Commissioner Slams Ripple Settlement as Legal Battle Nears End
A senior U.S. Securities and Exchange Commission (SEC) official has criticized a proposed settlement between the agency and Ripple Labs, potentially marking the final chapter of a years-long legal dispute over the XRP token.
Zerebro Developer Reported Alive Days After Alleged On-Camera Suicide
The mysterious case of Zerebro’s 22-year-old developer, who appeared to shoot himself during a livestream on May 4, took a dramatic turn after he was reportedly seen alive outside his family home in San Francisco.
AI DApps Surge in Activity, Poised to Rival Gaming and DeFi in Web3 Dominance
Artificial Intelligence-powered decentralized applications (DApps) are rapidly gaining ground in the Web3 ecosystem. They may soon challenge the dominance of Gaming and Decentralized Finance (DeFi), according to fresh insights from blockchain analytics firm DappRadar.
Bitcoin ETF Inflows Surge to Record $40.62 Billion
Trending news
MoreCrypto prices
More
