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Griffin Gaming Partners and Bitkraft jointly led a successful $12 million Series A investment round for HyperPlay, the Web3 native gaming launcher. The financing will support the platform’s growth and development at HyperPlay. In other news, MetaMask established a partnership with Fireblocks to expand the MPC platform’s capabilities. Furthermore, the chatting app Grill.chat now supports Ethereum wallets and enables users pay with cryptocurrencies using Polygon.
In November 2022, HyperPlay was founded and has since raised $12 million in Series A funding. The fundraising round was co-led by Bitkraft and Griffin Gaming Partners, and it also included ConsenSys, Ethereal Ventures, Delphi, Game7, Mirana Ventures, and Monoceros Ventures. With the help of HyperPlay, Web3 game makers will no longer be dependent on centralized organizations like Apple, Google, and Steam. HyperPlay is promoting the uptake of decentralized gaming with over 33 Web3 games readily available on its platform.
The Subsocial network-based conversation tool Grill.chat now supports Ethereum Virtual Machine (EVM) wallets. With this connection, users may use their Ethereum identities to participate in conversations and use Polygon to send bitcoin payments across different networks. Grill.chat, which offers access to more than 70 chat rooms, will roll out new Web3 projects to further ingratiate its communities with the ecosystem. These chat rooms are mostly devoted to bitcoin conversations.
By selecting Fireblocks as one of its custody technology suppliers, MetaMask Institutional has increased the functionality of its MPC platform. Users of MetaMask now have the option to stake Ethereum (ETH) and carry out token swaps right from the app’s dashboard thanks to this partnership. Users of Fireblocks can easily access the wallet portfolio dashboard of MetaMask thanks to the integration between the two companies’ multi-party computation (MPC) systems. On June 12, this integration is expected to go live.
A well-liked option for businesses looking to stake and lend cryptocurrency is MetaMask. While it does not actively manage institutional financing, it does provide a variety of custody technology vendors. The alternatives available to institutional customers are increased by the support of providers like BitGo, Gnosis Safe, Parfin, and Hex Trust by MetaMask in addition to Fireblocks.