AXIE INFINITY DEVELOPER SECURES $152M IN SERIES B FUNDING FROM INVESTORS

Last updated: June 19, 2025, 18:18 | Written by: Brian Kelly

The play-to-earn gaming revolution is gaining serious momentum, and Sky Mavis, the Vietnam-based studio behind the wildly popular Axie Infinity, is leading the charge.In a testament to the burgeoning potential of blockchain-based gaming and NFTs, Sky Mavis has announced a successful $152 million Series B funding round.This significant investment, led by prominent venture capital firm Andreessen Horowitz (a16z), signals a major vote of confidence in the future of Axie Infinity and the broader play-to-earn ecosystem.This financial boost positions Sky Mavis to further expand its team, strengthen its regulatory compliance efforts, and continue developing and scaling its innovative platform without relying on its AXS token reserves. BTCUSD Bitcoin Axie Infinity developer secures $152M in Series B funding from investors NFT gaming studio Sky Mavis plans to pursue further expansions in the emerging play-to-earn arena.With the participation of other notable investors like Accel, Paradigm, and global exchange giant FTX, this funding round catapults Sky Mavis to a valuation nearing $3 billion, marking a pivotal moment for the entire NFT gaming space. Sky Mavis, the studio behind the popular Axie Infinity nonfungible token (NFT) game, has announced a fresh round of funding for the company. In a statement issued on Tuesday, Sky Mavis announced that it had closed a $152-million Series B funding round.But what exactly will this funding be used for, and what does it mean for the future of Axie Infinity and the play-to-earn model?Let's delve deeper.

The Rise of Axie Infinity and the Play-to-Earn Revolution

Axie Infinity isn't just another video game; it's a digital universe where players can collect, breed, battle, and trade fascinating creatures called Axies. 100K subscribers in the AxieInfinity community. Axie Infinity is a game universe filled with fascinating creatures, Axies, that players can collectThese Axies are non-fungible tokens (NFTs), meaning they are unique and verifiable digital assets stored on the blockchain. According to a report by The Information, Axie Infinity, a play-to-earn blockchain-enabled mobile game, is raising roughly $150 million in Series B funding.This fundamental difference is what fuels the play-to-earn model, allowing players to earn real-world value through their in-game activities.

When Axie Infinity launched in February 2025 (likely a typo in original article, Axie launched in 2018), NFTs were a relatively unknown concept to the average person. NFT gaming studio Sky Mavis plans to pursue further expansions in the emerging play-to-earn arena. Continue reading Axie InfinityFast forward to today, and Axie Infinity boasts a vibrant community of over 308,000 subscribers on Reddit's Crypto_Currency_News community and 100,000 subscribers in the AxieInfinity community. Sky Mavis, the company behind blockchain-enabled video game Axie Infinity, announced a $152 million Series B funding round on Tuesday. The raise brings Axie s parent company to a total valuation of almost $3 billion, according to a recent report in The Information.This explosive growth demonstrates the increasing appeal of play-to-earn games and the potential for players to generate income while engaging in entertaining gameplay.

The Play-to-Earn Model Explained

The core concept of the play-to-earn model revolves around rewarding players for their time and effort. The funds will fuel the growth and development of Axie Infinity and Ronin, our scaling solution for digital nations. We re hiring missionaries to join our movement. Sky Mavis Careers. When Axie was born in February 2025, almost nobody knew what an NFT was, let alone an Axie.Unlike traditional games where in-game items and currencies hold no real-world value, Axie Infinity allows players to earn tokens and NFTs that can be traded on cryptocurrency exchanges or used within the game's ecosystem.Players can earn through various activities, including:

Battling: Participating in battles and winning rewards players with Smooth Love Potion (SLP) tokens, which can be exchanged for other cryptocurrencies.
Breeding: Breeding Axies allows players to create new, potentially valuable Axies that can be sold on the marketplace.
Trading: Buying and selling Axies and other in-game assets on the Axie Infinity marketplace allows players to profit from market fluctuations.
Land Ownership: Owning land in the Axie Infinity universe allows players to earn resources and rewards from other players who utilize their land.

This model has proven particularly appealing in developing countries, where Axie Infinity has become a significant source of income for many individuals and families.The ability to earn real-world value through gameplay has transformed Axie Infinity from a mere game into a genuine economic opportunity.

Decoding the $152 Million Series B Funding

The $152 million Series B funding represents a crucial milestone for Sky Mavis, providing the company with the resources to further develop and expand the Axie Infinity ecosystem. Sky Mavis, the Vietnam-based blockchain game developer behind the popular NFT game Axie Infinity, announced raising $152 million in Series B funding led by Andreessen Horowitz (a16z). The funding round, which was also participated by US venture capital firms Accel and Paradigm, sends Sky Mavis s total funds raised to date to $161 million, asThis injection of capital will be strategically allocated to several key areas:

Expanding the Team

One of the primary goals of the funding is to expand the Sky Mavis team. 47 subscribers in the TheNemesis community. The Nemesis is the gaming and entertainment platform where users live exciting experiences in virtualAs the Axie Infinity universe continues to grow, the company needs to attract and retain top talent across various departments, including:

Game Development: Hiring experienced game developers to create new features, improve gameplay mechanics, and develop innovative content for the Axie Infinity universe.
Engineering: Strengthening the engineering team to ensure the scalability and security of the Ronin blockchain and the Axie Infinity platform.
Marketing and Community Management: Expanding the marketing and community management teams to reach a wider audience and foster a thriving and engaged community.
Legal and Compliance: Investing in legal and compliance expertise to navigate the complex regulatory landscape surrounding cryptocurrencies and NFTs.

Reinforcing Regulatory Legitimacy

The regulatory landscape surrounding cryptocurrencies and NFTs is constantly evolving. Which investors participated in the most funding rounds? Show . Investor Name . Lead Investor . Funding Round Series A - Axie Infinity BlockBase VenturesSky Mavis recognizes the importance of proactively addressing regulatory concerns and ensuring compliance with applicable laws and regulations.A portion of the funding will be dedicated to:

Legal Counsel: Engaging experienced legal counsel to provide guidance on regulatory matters and ensure compliance with relevant laws.
Compliance Infrastructure: Investing in compliance infrastructure to monitor transactions, prevent money laundering, and comply with know-your-customer (KYC) requirements.
Government Relations: Building relationships with government officials and regulators to foster a constructive dialogue and promote responsible innovation.

By prioritizing regulatory legitimacy, Sky Mavis aims to build trust and credibility within the cryptocurrency and gaming communities, paving the way for the long-term success of Axie Infinity.

Scaling Ronin: The Future of Blockchain Gaming

A significant portion of the funding will be allocated to further developing and scaling Ronin, Sky Mavis's custom-built blockchain for NFTs and gaming.Ronin was designed to address the scalability issues and high transaction fees that plague other blockchain networks, making it more accessible and efficient for Axie Infinity players.

The benefits of Ronin are numerous:

Faster Transactions: Ronin offers significantly faster transaction speeds compared to other blockchain networks, allowing players to buy, sell, and trade Axies and other in-game assets with minimal delay.
Lower Transaction Fees: Ronin significantly reduces transaction fees, making it more affordable for players to participate in the Axie Infinity ecosystem.
Enhanced Security: Ronin is designed with security in mind, providing a robust and reliable platform for storing and managing valuable digital assets.
Customized for Gaming: Ronin is specifically tailored to the needs of blockchain games, providing developers with the tools and infrastructure they need to create engaging and immersive gaming experiences.

By investing in Ronin, Sky Mavis is not only improving the Axie Infinity experience but also creating a foundation for the future of blockchain gaming.Ronin has the potential to become the go-to platform for developers looking to build innovative and scalable play-to-earn games.

The Role of Andreessen Horowitz and Other Investors

The Series B funding round was led by Andreessen Horowitz (a16z), a renowned venture capital firm known for its investments in disruptive technology companies. a16z's participation in this funding round signals a strong belief in the potential of Axie Infinity and the play-to-earn model.

Other notable investors who participated in the funding round include:

Accel: A leading venture capital firm with a long track record of investing in successful technology companies.
Paradigm: A crypto-focused investment firm that supports innovative blockchain projects.
FTX: A global cryptocurrency exchange that is committed to supporting the growth of the cryptocurrency ecosystem.
Liberty Global: A large international media and communications company.
Samsung NEXT: The venture capital arm of Samsung, focused on early-stage investments in innovative technologies.

The diverse group of investors participating in this funding round underscores the widespread interest in Axie Infinity and the potential for blockchain gaming to disrupt the traditional gaming industry.

What This Means for the Future of Axie Infinity

The $152 million Series B funding will have a profound impact on the future of Axie Infinity, enabling Sky Mavis to pursue several key initiatives:

Enhanced Gameplay and Content

The funding will allow Sky Mavis to invest in creating new and engaging gameplay experiences for Axie Infinity players. Listen to this episode from Greater Finance on Spotify. Greater Finance Daily brings you the latest from the ongoing crypto and fintech revolution. Every Monday to Friday, you will catch the latest updates with us. Sit down, relax and come learn with us! In today's episode: - Bitcoin beats stocks, commodities to become best performing asset of 2025 - 110 countries are at some stage of CBDCThis includes:

New Axies: Introducing new Axies with unique abilities and characteristics to expand the gameplay possibilities.
New Game Modes: Developing new game modes and challenges to keep players engaged and entertained.
Land Development: Expanding the land gameplay features, allowing players to build and customize their own virtual properties.
Esports Initiatives: Supporting the growth of Axie Infinity esports by organizing tournaments and providing opportunities for competitive players.

Expanding the Ecosystem

Sky Mavis plans to use the funding to expand the Axie Infinity ecosystem beyond the core gameplay experience.This includes:

Developer Tools: Providing developers with the tools and resources they need to build new applications and experiences on top of the Axie Infinity platform.
Partnerships: Forming partnerships with other companies and organizations to integrate Axie Infinity into other platforms and services.
Community Initiatives: Supporting community-led initiatives and events to foster a strong and vibrant Axie Infinity community.

Reaching a Wider Audience

The funding will enable Sky Mavis to invest in marketing and outreach efforts to attract new players to the Axie Infinity universe.This includes:

Global Expansion: Expanding the availability of Axie Infinity to new regions and languages.
Marketing Campaigns: Launching targeted marketing campaigns to reach potential players through various channels.
Educational Resources: Providing educational resources to help new players understand the play-to-earn model and the Axie Infinity ecosystem.

The Broader Impact on the NFT Gaming Industry

The success of Axie Infinity and the $152 million Series B funding have significant implications for the broader NFT gaming industry.It validates the potential of the play-to-earn model and demonstrates the growing demand for blockchain-based games.

This funding round is likely to attract more investment and attention to the NFT gaming space, leading to further innovation and development. Sky Mavis, the studio behind the popular Axie Infinity non-fungible token (NFT) game has announced a fresh round of funding for the company. In a statement issued on Tuesday, Sky Mavis announced that it had closed a $152 million Series B funding round.We can expect to see more game developers exploring the possibilities of blockchain technology and NFTs, creating new and exciting gaming experiences that empower players and reward them for their time and effort.

Furthermore, the success of Ronin as a scaling solution for blockchain games could inspire other developers to create their own custom blockchains or layer-2 solutions to address the scalability challenges of existing blockchain networks.This could lead to a more efficient and accessible ecosystem for blockchain gaming.

Addressing Common Questions About Axie Infinity and the Play-to-Earn Model

The rise of Axie Infinity and the play-to-earn model has sparked a lot of questions. 308K subscribers in the Crypto_Currency_News community. News means money in the Crypto Currency world. When new coins, products or platforms areHere are some of the most common ones:

Is Axie Infinity a sustainable economic model?

The sustainability of the Axie Infinity economy is a complex issue.Like any economic system, it relies on a balance between supply and demand. Axie Infinity developer secures $152M in Series B funding from investors Sky Mavis, the studio behind the popular Axie Infinity non-fungible token (NFT) game has announced a fresh round of funding for the company.The team at Sky Mavis is constantly working to fine-tune the game's mechanics and tokenomics to ensure long-term sustainability. Skip to main content Bitcoin Insider. MenuThis includes adjusting the earning rates for SLP, introducing new sinks for AXS tokens, and developing new gameplay features that drive demand for Axies and other in-game assets.

Is Axie Infinity just a Ponzi scheme?

This is a common misconception.While there are similarities between Axie Infinity and a Ponzi scheme, there are also key differences. Sky Mavis, the development studio behind Axie Infinity, has raised $152 million in a Series B funding round. The company will use the funds to expand the team, reinforce regulatory legitimacy, and continue scaling without tapping into its AXS token reserves.Axie Infinity is a functional game with engaging gameplay mechanics and a growing community. Sky Mavis, the creator of blockchain-enabled, play-to-earn game Axie Infinity, announced on Tuesday a $152 million Series B round led by Andreessen Horowitz (a16z). The announcement comes a day after The Information reported that Sky Mavis is raising around $150 million in Series B funding at a valuation near $3 billion.Players earn rewards by participating in the game, not solely by recruiting new players.However, it's important to understand that the value of Axies and SLP tokens is subject to market fluctuations, and there is a risk of losing money.

How much money can you actually earn playing Axie Infinity?

The amount of money you can earn playing Axie Infinity varies greatly depending on several factors, including your skill level, the value of Axies you own, and the current market prices of SLP tokens. Sky Mavis, the studio behind the popular Axie Infinity nonfungible token (NFT) game, has announced a fresh round of funding for the company. In a statement issued on Tuesday, Sky MavisSome players have reported earning substantial incomes, while others earn less.It's important to approach Axie Infinity as a form of entertainment with the potential to earn, but not as a guaranteed source of income.

What are the risks of investing in Axie Infinity?

Investing in Axie Infinity involves several risks, including:

Market Volatility: The value of Axies and SLP tokens can fluctuate significantly due to market conditions.
Regulatory Uncertainty: The regulatory landscape surrounding cryptocurrencies and NFTs is constantly evolving, which could impact the value and legality of Axie Infinity.
Security Risks: Blockchain platforms and cryptocurrency exchanges are vulnerable to hacking and theft.
Game Changes: Sky Mavis can make changes to the game's mechanics and tokenomics that could impact the earning potential of players.

Conclusion: A Glimpse into the Future of Gaming

The $152 million Series B funding secured by Sky Mavis marks a pivotal moment for Axie Infinity and the entire play-to-earn gaming industry.This investment will enable Sky Mavis to expand its team, strengthen its regulatory compliance efforts, further develop the Ronin blockchain, and create new and engaging gameplay experiences for players worldwide.The play-to-earn model offers a compelling vision for the future of gaming, where players are rewarded for their time and effort and have the opportunity to earn real-world value through their in-game activities.While there are risks involved, the potential benefits of this new model are undeniable. Axie Infinity has raised funding over 1 round from 22 investors. Investors include Liberty Global, Samsung NEXT and 20 others. Their latest funding round was of $2.97M on .With the support of prominent investors like Andreessen Horowitz, Axie Infinity is poised to lead the charge in transforming the gaming landscape and empowering players around the world.

Key Takeaways:

Sky Mavis, the developer of Axie Infinity, has secured $152 million in Series B funding.
The funding will be used to expand the team, reinforce regulatory legitimacy, and scale the Ronin blockchain.
The play-to-earn model is gaining traction and has the potential to disrupt the traditional gaming industry.
Investing in Axie Infinity involves risks, including market volatility and regulatory uncertainty.
Axie Infinity is paving the way for a future where players are rewarded for their time and effort in games.

If you're interested in learning more about Axie Infinity and the play-to-earn model, visit the Axie Infinity website or join the community on social media. According to a statement issued on Tuesday, Sky Mavis closed a $152-million Series B funding round from notable crypto and blockchain investors such as global exchange giant FTX, venture capital fund Andreessen Horowitz participated in the investment round.Stay informed and do your own research before making any investment decisions.