BITKRAFT Ventures, a global early and mid-stage investment platform for esports and gaming, has launched a $75m (~£55m) Token Fund for blockchain investments within the sectors.
According to the release, the fund will focus on investments that impact the gaming and digital entertainment ecosystems.
The Berlin-based company, which raised $165m (~£121) for esports and gaming investments last year, announces that the intersection of crypto and gaming will become a significant driver. In particular, BITKRAFT emphasised the emergence of ‘synthetic reality’, a term coined by the company to explain the convergence of physical and digital worlds.