.kyokoFinance to advance 'DAO-to-DAO credit' platform for GameFi with $3 million raised from top VCs Kyoko
Iconic GameFi visionary and investor Animoca Brands led the round, while Infinity Ventures Crypto , YGG SEA, Morningstar Ventures, AXIA8, Red Building Capital, NGC Ventures, Momentum 6, BlockchainSpace and Kliff Capital also backed Kyoko in this fundraising round.
With fresh funds, Kyoko is going to score an array of partnerships with"play-to-earn" guilds and GameFi-focused decentralized autonomous entities . Traditional corporate credit is a multi-trillion dollar industry in the US alone. There's never been a better time to bring this demand to blockchain – and Kyoko has the right team and resources to do it. This investment will allow the Kyoko team to quickly expand its credit lending solutions for blockchain-based institutions and capture this untapped opportunity.
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