Startup

Fenix Games, UAE’s blockchain-powered gaming platform, raises $150 million

Fenix Games raised $150 million from investors including Phoenix Group and Cypher Capital. The startup aims to create a publisher and platform company bringing blockchain games to market.

Fenix Games plans to acquire, invest and publish both existing games and blockchain games of the future using the funds raised.

The gaming publisher was founded in 2022 and seeks to build a portfolio of projects across the spectrum of Web 2.0 to Web 2.5 to Web 3.0 by publishing, acquiring, and investing in a variety of game genres.

The post Fenix Games, UAE’s blockchain-powered gaming platform, raises $150 million appeared first on WAYA.

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