Investing in a Metaverse Project from Ripple: $54 Million Raised!

Series A, including the metaverse startup project “Futureverse” Ripple Labs (XRP), which operates in many sectors, including blockchain raised $54 million in funding round.

According to Bloomberg’s July 18 report from 11 companies made up and in various industries operating enterprise “Futureverse” Series A funding round an undisclosed valuation with 54 million dollars invested.

The company’s gaming, blockchain, artificial intelligence And metaverse It is stated that it operates in many sectors, including of the Futureverse financing crypto investment firm 10T Holdings led. Among the investors participating in the round, the crypto payment services provider that recently brought a partial victory to the crypto ecosystem in its lawsuit with the SEC of Ripple Labs also attracted attention.

Co-founder of the company Shara Senderoff One of Futureverse’s core missions metaverse for their experience technology infrastructure Said it was to provide. However, another founder Aaron McDonald, in their work of blockchain plays an important role, but blockchain company to be defined as they do not prefer stated:

I don’t want people to think of us as a blockchain company because that’s like 10% of the technology stack we have.

In addition to this, McDonald’s was the last year’s experience in the crypto money industry. your stagnation to raise funds tough He said it was a process. During the company’s restructuring process, the approximate 20% of from work have been removed and in the current situation 250 Expressing that they have personnel, McDonald said that what happened was more competitive He also added that he moved to a position.

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