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CROSS THE AGES raises $3.5M in equity round led by Animoca Brands, lists on major exchanges

17d ago
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CROSS THE AGES (CTA), a multimedia gaming ecosystem, announced the successful completion of a $3.5 million equity round of funding, led by Animoca Brands.

This round also saw contributions from notable investors such as Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergie.

Including this latest funding, CTA has raised a total of $23.5 million to date, with $15 million previously secured from various investors and community fundraising efforts.

Token generation event and exchange listings

The announcement of the new funds coincides with CTA’s Token Generation Event (TGE).

Following this event, the CTA token will be listed on major cryptocurrency exchanges, including Bybit, KuCoin, GATE, and MEXC.

These listings are expected to enhance the token’s accessibility and liquidity, further integrating it into the broader blockchain ecosystem.

Expansion initiatives

With the strategic investment from Animoca Brands and others, CROSS THE AGES aims to accelerate its growth initiatives and expand its universe and ecosystem.

Since the launch of its virtual trading card game in March 2023, CTA has achieved impressive engagement metrics, boasting over 400,000 downloads and 148,000 monthly active users.

Sami Chlagou, CEO and Co-founder of CROSS THE AGES, said,

“This collaboration signifies a shared commitment and a vote of confidence for CTA’s gaming universe to expand the IP amongst Animoca Brands ecosystems and partners.”

Yat Siu, the executive chairman and co-founder of Animoca Brands, commented,

“Blockchain gaming is an important movement that is bringing true digital ownership to the masses. Cross The Ages perfectly embodies the values of this movement, enabling users to live experiences in a virtual environment solidly founded upon personal ownership.”

The post CROSS THE AGES raises $3.5M in equity round led by Animoca Brands, lists on major exchanges appeared first on Invezz

17d ago
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