Xternity secures $4.5 million investment to boost Web3 adoption

By:

Benson Toti

Benson is a News Reporter at Invezz handling breaking news, interviews and market analysis. He made his first investment… read more.

on Nov 7, 2023

Listen to this article

0:00 / 01:45

Web3 gaming platform Xternity, which looks to boost adoption across the Web3 ecosystem through streamlined engagement and community empowerment, has secured $4.5 million from investors as it seeks to advance these goals.

The platform also announced its Beta launch was now live.

Xternity is powered by Xternity Games Ltd and was founded by Sagi Maman (currently the CEO) and Shahar Asher (the CTO).

Xternity raises $4.5 million, opens Beta launch

According to an announcement the Xternity team shared with Invezz on Monday, the $4.5 million in funding will help it support game creators bring the best of blockchain games to the ecosystem.

Participants in the capital injection attracted investors from the gaming and Web3 sectors, including Jibe Ventures, Flori Ventures, Secret Chords, Vgames, and NFX.