Infinite Reality has successfully raised $3 billion in funding

Infinite Reality, a company focusing on metaverse technologies, secured $3 billion in recent investment, elevating its total valuation to $12.25 billion.

According to GamesBeat, a private investor took the lead in this funding effort. The company plans to utilize these funds to expand its platform, pursue more acquisitions, foster partnerships, and launch new products.

John Acunto, CEO and co-founder of Infinite Reality, stated, "We are absolutely ecstatic to share this news with our customers [and] businesses all over the world."

He emphasized the significance of offering a platform where users have control over their data, interactions, and experiences. "This [fundraising round] allows us to continue investing in our customers as they strive to be active participants in today's technological advancements," Acunto added.