Tech Company Financing Transactions
Arcade.xyz Funding Round
Castle Island Ventures, Eniac Ventures and Franklin Templeton participated in a $15 million Series A funding round for Arcade.xyz. The round was announced on 12/23/2021.
Transaction Overview
Company Name
Announced On
12/23/2021
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Palo Alto, CA 94020
USA
Palo Alto, CA 94020
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Arcade is built on the Pawn Protocol, an infrastructure layer for NFT liquidity that enables the financialization of non-fungible assets, commonly referred to as non-fungible tokens, or NFTs. NFTs represent a revolution for storing value and attributing ownership of unique assets in the metaverse and the creator economy.
Management Team
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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