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Venture Capital Is Backing This New Crypto Casino

November 25, 2024
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x min read
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Crypto casinos have become a huge opportunity. Now, venture capitalists are piling in.

‍What’s happening:‍

  • Crypto casino Monkey Tilt has raised $30M USD in a new Series A financing round
  • The round was led by prominent crypto venture capital fund Pantera Capital

Why it matters:‍

By the numbers:‍

  • Since inception, Monkey Tilt has raised $50M USD in venture capital funding
  • Monkey Tilt is currently doing approximately $200M USD in monthly betting volume

Going deeper:‍

  • Monkey Tilt has largely built their platform around partnerships with content creators and popular brands, which has dramatically scaled up their user growth globally
  • Multiple other notable venture capital funds participated in the recent Series A financing, including Polychain Capital, Hack VC, Dream Ventures and live event streaming company PokerGo

‍

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