Forte startup Raised $725 million to integrate blockchain technologies and services into games

The sphere of blockchain games continues to attract investors. Forte startup immediately invested $ 725 million, which the company will spend on the development of its own platform. With its help, developers will be able to integrate blockchain technologies and related services into their video games.Image: Forte

The main investors in round “B” were Sea Capital and Kora Management.

Animoca Brands, Huuuge Games, Playstudios, Warner Music Group, Polygon Studios and Overwolf have also invested in Forte.

In total, the company has managed to raise $900 million at the moment.

The Forte platform offers the following features: integration of wallets for tokens, solutions for the sale of NFT and payment rails (platforms for delivering money from the payer to the recipient). The company also has services for secure money transfer, intellectual property protection and combating fraudulent schemes and money laundering.

“We believe that we are at the forefront of a new technological wave, and blockchain games will eventually become larger than all the changes that we have seen before. Forte’s mission is to lead developers of all projects to success — from AAA titles to blockchain games created from scratch,” said Josh Williams, CEO of the company.

Forte was founded in 2019 by Josh Williams and Kevin Chou. The latter previously managed the mobile publisher Kabam and eventually sold the company and all assets for almost $1 billion.