Blockchain Gaming Studio Raises $46 Million Ahead of Game Launches

N3twork Studios wants to create more free-to-play blockchain games.

Matt RicchettiSource: N3TWORK Studios
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Blockchain gaming startup N3twork Studios Inc. has raised $46 million in funding, the company plans to announce Wednesday. The cash influx comes as the startup prepares to launch two new games, and as controversy lingers over the use of cryptocurrencies in gaming.

Venture capital firm Griffin Gaming Partners led the Series A funding round, which also saw participation from Kleiner Perkins, Galaxy Interactive and other investors.