Ignite Tournaments Closed $7 Million in Strategic Financing Led by Animoca Brands and Others

Ignite Tournaments, a P2E gaming platform, has closed a $7 million strategic funding round led by Animoca Brands, Infinity Ventures Crypto and Moon Holdings Fund. The funds raised will be used to create a P2E eSports tournament and streaming platform. Previously, Ignite Tournaments closed a $3 million seed round in December 2021, led by Yield Guild Games (YGG) and Ascensive Assets.