Solana-based MonkeyLeague game developer raises $24 million (via Yogita_Khatri5)
This was an equity round, said UnCaged co-founder Tal Friedman.
As part of the deal, Nick Tuosto, managing director of Griffin Gaming Partners, has joined UnCaged's board of directors, Tal Friedman, co-founder of UnCaged, told The Block. UnCaged Studios began raising for the round in April and closed it last month, Friedman said, adding that it is an equity round. Late last year, the firm raised $4.4 million in a token sale by selling MonkeyLeague's MBS token.
With fresh capital in hand, UnCaged plans to continue the development of MonkeyLeague and release more games, said Friedman. The firm also offers a gaming technology platform called Game OS, which helps developers integrate web3 aspects to their games, such as NFTs and token custody.
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