Circle Games nets $7.25M funding to drive blockchain gaming
Circle Games has secured $7.25 million in a new funding round led by Bitkraft Ventures, with backing from Polygon Studios, Animoca Brands and other strategic investors. The capital will expand the studio’s development team, accelerate the launch of upcoming titles, and deepen integration of NFTs and token mechanics into gaming experiences. This funding marks a critical step in bringing mainstream players to blockchain gaming and could drive demand for blockchain gaming assets such as NFTs and gaming tokens. Circle Games plans to use the funds to scale operations, enhance platform infrastructure, and forge partnerships within the metaverse ecosystem, underlining strong investor confidence in the growing blockchain gaming sector.
Bullish
The $7.25M funding led by Bitkraft Ventures highlights strong investor belief in blockchain gaming’s growth potential. Similar rounds—such as Animoca Brands’ Series A investments—have historically driven positive market sentiment for gaming tokens like AXS and SAND. In the short term, this news may boost demand for blockchain gaming assets, lifting prices and trading volumes. Over the long term, the capital injection will help Circle Games scale its platform infrastructure and bring more mainstream users into Web3 games, supporting sustained growth and innovation in the sector. Such developments typically translate into continued bullish momentum for related tokens and NFTs.