Web3 Game publisher Fenix Games Closes $150 Million Financing Round

Web3 game publisher Fenix Games has closed a $150 million round of funding with participation from Phoenix Group and Dubai-based venture capital firm Cypher Capital. The funds raised will be used to acquire, invest and publish blockchain games.

Fenix Games will focus on the marriage of game market economies and live operations to provide publishing services to all game models – premium, free to play, and blockchain gaming across all platforms.