Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.
The Series A round was led by Bitkraft and joined by investors including Galaxy Interactive and Big Brain Holdings, according to a
The money will be used for growth initiatives for the Sonic protocol, which comes with"built-in mechanisms designed specifically for game development and execution on Solana, such as a sandbox environment, customizable gaming primitives and extensible data types, all while boasting the fastest on-chain-gaming experience," according to the press release.
"We expect the Sonic SVM to become the go-to destination for any gaming studio that wants to build games within the Solana ecosystem,” Justin Swart, principal at BITKRAFT, said in the press release. The latest fundraising follows an earlier $4 million seed round in 2022, bringing cumulative funds raised to $16 million, according to the press release.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
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