CROSS THE AGES (CTA), an inventive multimedia gaming ecosystem, has announced an additional $3.5 million equity round, led by Animoca Brands. This is the latest of several successful equity funding rounds, and when we add the community fundraising, the total funds raised come to an impressive $23.5 million.
Prior to this latest round, CROSS THE AGES secured investments from notable venture capitalists (VCs), including Ubisoft and Square Enix. Additional investments have also come from Nicolas Jeuffrain of Tenergie and Sebastien Borget of The Sandbox.
Speaking about the equity round, Co-founder and CEO of CROSS THE AGES, Sami Chlagou, said:
“We are thrilled to welcome Animoca Brands as the lead investor in our first equity round. This collaboration signifies a shared commitment and a vote of confidence for CTA’s gaming universe to expand the IP amongst Animoca brands.”
The executive chairman and co-founder of Animoca Brands, Yat Siu, also commented on the strategic partnership, saying:
“Blockchain gaming is an important movement that is bringing true digital ownership to the masses. CROSS THE AGES perfectly embodies the values of this movement, enabling users to live experiences in a virtual environment solidly founded upon personal ownership.”
CAT’s Token Generation Event
While announcing the latest equity funding, CAT also announced its ecosystem’s Token Generation Event (TGE). This means the token has been listed on a number of exchanges, including Bybit, gate.io, KuCoin, and MEXC.
The latest developments within CROSS THE AGES suggests that the ecosystem is ripe for expansive growth. The strategic investments and partnerships will help accelerate its many growth initiatives, ultimately helping the team build out the CTA universe.
Virtual trading card game
CAT released a virtual trading card game in March 2023. Since then, it has received an impressive 400K downloads and garnered 148K monthly active users. Its social media following has also blossomed in recent times – 240K followers on Instagram, 250K on Twitter, and 25K on Discord.
CAT gaming studio has grown to become a highly successful studio, with several impressive stats, including:
- $19M+ company generated revenue since June 2022
- 3.8M+ NFTs minted
- 35 million digital cards sold
- 29 million secondary market
- 450K+ game downloads
- 350K trades
- 20 weeks top 1 Apple Store
Conclusion
CROSS THE AGES (CTA) has successfully rounded up another significant equity investment, raising $3.5 million with Animoca Brands leading the charge. This latest funding boosts the total capital infusion into the innovative gaming ecosystem to $23.5 million, incorporating both equity and community-driven funding efforts.
The strategic backing from heavyweight investors such as Ubisoft, Square Enix, and figures from the blockchain gaming sphere points out the market’s confidence in CTA’s potential to reshape the gaming landscape.
