In Brief:
- Mythical Games Series D Funding: Mythical Games, renowned for titles like Pudgy Party and FIFA Rivals, expects to close its Series D funding round by October 20, having previously raised over $300 million.
- Integration of Worldcoin Technology: New investor Worldcoin will introduce its identity blockchain technology into Mythical’s platform, enhancing user verification.
- Eightco Holdings Joins Investors: This Nasdaq-listed firm recently pivoted towards digital assets, significantly increasing its market value through strategic cryptocurrency acquisitions.
Mythical Games Embarks on New Funding Round with Strategic Technology Integration
Mythical Games, is poised to conclude its latest funding round by October 20. While the exact size of the Series D funding has not been disclosed, it is anticipated to include both previous and new investors. Among the returning investors expected to participate is Cathie Wood’s ARK Invest.
A notable addition to this round is Worldcoin, a company affiliated with Sam Altman. In a strategic move to enhance user engagement and security, Mythical Games plans to integrate Worldcoin’s identity blockchain technology into its Mythos platform. This technology aims to provide secure, human-verified accounts, which Mythical CEO John Linden believes will advance the gaming experience. “Mythical is integrating with Worldchain to bring identity and trust into the next era of gaming,” said Linden.
Another significant new investor in this funding round is Eightco Holdings, a Nasdaq-listed company that has recently shifted its focus towards the inclusion of digital assets in its operations. This shift included the acquisition of $270 million worth of cryptocurrency tokens, prominently featuring Worldcoin’s WLD, resulting in a stunning 3,000% increase in its stock value. Eightco is also developing its own authentication and trust layer, targeting consumer, enterprise, and gaming applications.
This multi-faceted strategic funding initiative reflects Mythical Games’ commitment to integrating leading-edge technology to deliver a more secure and interactive gaming environment. Meanwhile, the involvement of high-profile investors underscores the growing alignment between digital assets and innovative gaming solutions.