Monkey Tilt Secures $30 Million in Series A Funding
On Wednesday, Monkey Tilt announced that it has successfully raised $30 million in a Series A funding round aimed at expanding its innovative blockchain-based gaming and entertainment platform. This latest funding round was led by the well-known investment firm Pantera Capital, with contributions from several prominent investors including Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, and angel investor Josh Hannah. With this funding, Monkey Tilt has now accumulated total investments exceeding $50 million.
Revolutionizing Entertainment and Gaming with Blockchain
Launched in March 2024, Monkey Tilt has created a unique platform that seamlessly integrates traditional casino gaming experiences with cutting-edge blockchain technology and crypto payment systems. The platform features dealer-led games such as craps and roulette, operates a 24/7 sportsbook, and supports multi-currency transactions, making it versatile for users.
Enhanced Crypto Payment Infrastructure
Notably, Monkey Tilt emphasizes its robust crypto payment infrastructure, which allows users to wager using a diverse array of digital assets. This functionality has positioned the platform as a top choice for both seasoned gamers and newcomers eager to delve into the world of blockchain gaming.
Vision for the Future
Commenting on the platform’s mission, Monkey Tilt Founder and CEO Sam Kiki stated, “The reality is this industry has failed to keep up with how people want to game, connect, and interact. Monkey Tilt was designed to completely upend what we think of as the traditional gaming experience.” This sentiment reflects a broader goal to innovate and redefine the gaming landscape.
Plans for Expansion
The newly acquired funding will be pivotal for Monkey Tilt as it aims to enhance its existing platform further and roll out additional offerings. Among the upcoming projects is a gamified crypto trading product, slated for launch in early 2025, illustrating the company’s commitment to combining gaming and trading experiences in a unique way.