CROSS THE AGES secures $3.5M in equity round led by Animoca Brands
Summary
CROSS THE AGES (CTA), a dynamic multimedia gaming ecosystem, has announced a successful $3.5 million equity funding round led by Animoca Brands, according to the information shared with Finbold on May 15.Backed by figures such as Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergie, the investment round brought CTAs total funding to $23.5 million, including previous investments and community fundraising.This funding news coincides with the ecosystems token generation event (TGE), with major exchanges like Bybit, KuCoin, GATE, and MEXC listing the CTA token.The new funds will fuel the expansion of the CTA platform and accelerate various growth initiatives.Since launching its virtual trading card game in March 2023, CTA has achieved over 400,000 downloads and boasts 148,000 monthly active users.The significance of blockchain gaming on CTASami Chlagou, CEO and Co-founder of CROSS THE AGES, expressed enthusiasm about welcoming Animoca Brands to its ecosystem:Yat Siu, executive chairman and co-founder of Animoca Brands, shared his colleagues sentiment, highlighting the significance of blockchain gaming as an important sector that is bringing true digital ownership to the masses.As the funding round suggests, CROSS THE AGES perfectly embodies the values highlighted by Chlagou and Siu, enabling users to live experiences in a virtual environment solidly founded upon personal ownership.Its immersive ecosystem integrates the virtual and real worlds, encompassing books, comics, gaming, esports, animation, collectibles, and a unique investment model that promotes the transition to renewable energy in the real world. With established partnerships with gaming industry giants like Ubisoft and Square Enix, CROSS THE AGES is at the forefront of pushing the boundaries in gaming and entertainment innovation.