Home / Uncategorized / Bitkraft Ventures Launches $ 75 Million Blockchain Game Fund | Pocket Gamer.biz

Bitkraft Ventures Launches $ 75 Million Blockchain Game Fund | Pocket Gamer.biz

Bitkraft Ventures has launched a $ 75 million token fund to invest money in blockchain games and digital entertainment investments.

As reported by VentureBeat, the new fund will take a broader approach to investing, from start-ups in advance to companies in the later stage.

The fund will make investments in cryptocurrency, NFTs and equity across the blockchain space.

Bitkraft has stated that it is committed to the convergence of cryptocurrency and gambling, and claims it will be a driving force in the creation of “synthetic reality” – a term the company coined to describe the intersection of digital and physical realities to explain.

Invest in the intersection

Earlier this year, Bitkraft partnered with blockchain consulting firm Delphi Digital to invest in blockchain games. In addition, the company hired blockchain gaming expert Piers Kicks to support its expansion and capabilities in this new sector.

Since the partnership, Bitkraft has directed investments in the mobile-focused, decentralized gaming guild, Yield Guild, which raised $ 4 million, and Immutable, which raised $ 60 million for their NFT platform, Immutable X.

“Crypto and blockchain technology will profoundly influence and change the gaming and digital entertainment space,” said Jens Hilgers, founding partner of Bitkraft Ventures.

Blockchain technology will profoundly influence and change the gaming and digital entertainment space.


“We launched our US Bitkraft Token Fund I in order to invest exclusively in the intersection of games and blockchain in earlier phases, with the option of investing in tokens as an asset class.

“Our token fund investment team is led by Piers Kicks and supported by a strong strategic partnership with Delphi Digital.

“With six investments already completed, including Yield Guild and Immutable, we intend to use this fund to invest in around 25 more companies by the end of 2022.”

Outside of the blockchain space, Bitkraft recently led a seed funding round for a new LA-based indie game development studio, FuzzyBot, that will develop co-op games starting with the Nintendo Switch.

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