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CROSS THE AGES (CTA) has secured $3.5 million in a new equity funding round, led by Animoca Brands. The round also saw contributions from Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergie. This latest investment boosts CTA’s total funding to $23.5 million, including previous investments and community fundraising.
The announcement coincides with the launch of CTA’s Token Generation Event (TGE). Major exchanges like Bybit, KuCoin, GATE, and MEXC will list the token.
With this funding, CTA aims to speed up its growth plans and enhance its gaming ecosystem. Since the release of its virtual trading card game in March 2023, CTA has reached over 400,000 downloads and 148,000 monthly active users.
“We are thrilled to welcome Animoca Brands as the lead investor in our first equity round,” said Sami Chlagou, CEO and Co-founder of CROSS THE AGES. “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, executive chairman and co-founder of Animoca Brands, remarked, “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.”