Cryptocurrency news

CROSS THE AGES Raises $3.5M in Equity Round Led by Animoca Brands, and Lists on Major Exchanges

CryptoPotato / 15.05.2024 / 13:48
CROSS THE AGES Raises $3.5M in Equity Round Led by Animoca Brands, and Lists on Major Exchanges

[PRESS RELEASE – Marseille, France, May 15th, 2024]

CROSS THE AGES (CTA), a multimedia gaming ecosystem, announced a $3.5 million equity round of funding, led by Animoca Brands. With additional investments from Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergie, this funding round builds upon $15 million raised from investors, totaling $23.5M in funding to date including community fundraising.

The funds raised are being announced alongside the ecosystem’s Token Generation Event (TGE), with exchanges such as Bybit, KuCoin, GATE and MEXC listing the token.

With this strategic investment, CROSS THE AGES is set to accelerate its many growth initiatives and build out the CTA universe and ecosystem. Since the release of its virtual trading card game in March 2023, CROSS THE AGES has garnered over 400k downloads and 148k monthly active users.

“We are thrilled to welcome Animoca Brands as the lead investor in our first equity round,” said Sami Chlagou, CEO and Co-founder of CROSS THE AGES. “This collaboration signifies a shared commitment and a vote of confidence for CTA’s gaming universe to expand the IP amongst Animoca brands ecosystems and partners .”

“Blockchain gaming is an important movement that is bringing true digital ownership to the masses” commented Yat Siu, the executive chairman and co-founder of Animoca Brands. “Cross The Ages perfectly embodies the values of this movement, enabling users to live experiences in a virtual environment solidly founded upon personal ownership.”

About CROSS THE AGES

Launched in 2020, CROSS THE AGES (CTA) is a transmedia intellectual property (IP) where futuristic fantasy meets sci-fi epic narrative. Leveraging blockchain technology, the CTA universe sets a new benchmark in innovative gaming, combining free-to-play and play-to-earn.  The experiential ecosystem blends the virtual and real worlds, encompassing books, comics, gaming, esports, animation, collectibles, and an underlying gaming investment model to promote the transition to renewable energy in the real world. Already boasting partnerships with industry leaders like Ubisoft and Square Enix, CROSS THE AGES continues to push the boundaries of innovation in gaming and entertainment. For more information visit crosstheages.com/en-us.

Website | X | YouTube | Instagram | Discord | Twitch

Source
Recently News

© Token Radar 2024. All Rights Reserved.
IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.