Whydah wins $25m to push play-to-earn gaming

Dec 8, 2021 • Fernando Moncada Rivera

Play-to-earn funding continues to roll in, with the Vietnam-based game developer raising money from investors including Good Guild, Mask Network and KardiaChain.

Vietnam-based blockchain game studio Whydah secured $25m today from investors including gaming guild Good Guild Games, decentralised technology provider Mask Network and blockchain technology developer KardiaChain as the market for play-to-earn (P2E) gaming continues to intensify.

Hashkey, an affiliate of automotive component producer Wanxiang, filled out the round together with decentralised fundraising platform Polkastarter, Eternity Ventures, Bitscale, Morningstar Ventures, Formless Capital, Youbi Capital and Axia 8 Ventures while KardiaChain took part through its strategic investment arm, Kardia Ventures.

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.

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