Cointime

Cointime

Download App
iOS & Android
Home / Financing

Bora Network and Widus Partners Launch $30M GameFi Fund

Bora Network has teamed up with Widus Partners to launch its first Gamefi fund. The two companies announced a $30 million fund that will invest in web3 products. 

The fund has already selected the biometric-based Gamefi wallet developer Me3, Skyark Chronicles, a company focusing on Web3 games and the metaverse, and the multichain NFT platform.

Commenting on the investments the find is targeting, Youngjun Lim, CBO at Bora Network said: “I am delighted to be able to launch the Bora Ecosystem Fund for the growth of the Bora ecosystem together with Widus Partners. We will invest in a variety of promising Web3 content companies and founders to catalyse the growth of our ecosystem.”  

GameFi NFT Web3
Comments

All Comments

Recommended for you

  • Tetra Digital Group, a digital asset infrastructure company, has secured approximately $10 million in funding.

     Tetra Digital Group, a Canadian digital asset infrastructure provider, announced the completion of approximately $10 million in financing, with investors including Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank, and Shopify. As part of this investment, Tetra and its partners plan to become the first financial institution to launch a Canadian fiat-backed stablecoin in early 2026, pending regulatory approval. The new Tetra stablecoin will leverage Tetra Digital Group's institutional-grade custody infrastructure to provide businesses and consumers with a stable, secure, and fully compliant digital currency, backed by Canadian dollar reserves at a 1:1 ratio.

  • Lead Bank raises $70 million at a $1.47 billion valuation

    Lead Bank, a Missouri bank with a 97-year history, is currently restructuring to serve financial technology and cryptocurrency companies. The company has raised $70 million, with a valuation of $14.7 billion, almost double that of last year, aiming to expand its balance sheet and customer base.

  • Crypto trading platform OrangeX completes $20 million Series B funding

    cryptocurrency trading platform OrangeX has successfully completed a $20 million Series B financing round, led by Kryptos, with continued support from SCI Ventures and other major investors. The new funds will be used to strengthen core infrastructure and accelerate global market expansion.

  • BONK Treasury Company Safety Shot Completes US$30 Million in Financing

    On August 25th, BONK treasury company Safety Shot announced the completion of a $30 million financing round, led by FalconX. The transaction includes a direct issuance of approximately $5 million in cash and a simultaneous private placement of $25 million, paid in BONK tokens by BONK founding members.

  • Commission-free trading platform Midas secures $80 million in funding at a valuation of nearly $1 billion

    according to Bloomberg, Turkey's first commission-free trading platform Midas is valued at nearly $1 billion after its latest funding round. The company announced earlier this week that it had secured $80 million in funding, setting a new record for funding for a Turkish financial technology company. This round of funding was led by QED Investors, with additional investors including the International Finance Corporation (IFC) and existing investors Spark Capital. With this, Midas' total funding has reached $140 million. Midas is the owner of Istanbul brokerage firm Midas Menkul Degerler AS, and is seen as the Turkish version of the "Robinhood" trading platform.

  • August 19th Midday Update: Key Developments at a Glance

    7:00-12:00 Keywords: SoftBank, Intel, Federal Reserve

  • AI-native platform Sola completes $17.5 million Series A funding round, led by a16z

    AI native platform Sola completed a $17.5 million Series A financing round, led by a16z. Sola uses AI robots to automate workflows. Their agents observe how users perform tasks on the screen and can automatically handle these tasks even in traditional tools without APIs or integrations.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.
  • Coindesk ·

    Careers in Crypto: 5 Insights for 2024

    In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your company in 2024.
    Careers in Crypto: 5 Insights for 2024

  • Cointime August 10th News Express

    1. The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company