Brevan Howard and Morgan Creek lead web3 gaming startup's $40 million Series A: Bloomberg

Quick Take

  • Brevan Howard Digital and Morgan Creek Digital have led web3 gaming studio Horizon Blockchain Games’ $40 million Series A. 
  • Gaming giants Ubisoft Entertainment SA and Take-Two Interactive Software also participated in the round. 

The digital asset divisions of investment firms Brevan Howard and Morgan Creek have led a $40 million round into web3 gaming startup Horizon Blockchain Games.  

The Series A funding will be used to build its platform for developers Sequence and Niftyswap, a digital-asset marketplace, said the startup in an interview with Bloomberg on Tuesday.

Gaming giants Ubisoft Entertainment SA and Take-Two Interactive Software also participated in the round. 

Horizon will also continue to funnel capital into the development of its NFT fantasy trading card game.

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