Crypto gaming startup raises $30m

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Updated October 19, 2022 | Published October 19, 2022

2 mins read

Stardust raised money to support the integration of blockchain gaming with traditional game developers.

Crypto gaming start-up Stardust has raised $30m despite the current bear market.

The capital was raised during a series A funding round led by crypto venture capital firm Framework Ventures.

Although the Californian-based start-up did not provide its valuation it did state the amount was higher than in its previous funding round.

The round caught the attention of additional venture capital firms, including engagement from Acrew Captial, Blockchain Capital and Distributed Global.

Founded in 2018 by chief executive officer Canaan Linder, Stardust was created with the goal of a more seamless experience for developers to design accessible virtual games built on blockchains like Solana and Polygon.

Linder’s aim was to incorporate crypto elements like non-fungible tokens (NFTs) into gaming and believes that “Web3 is an industry that is not going away”.

The adoption of crypto into the gaming world is increasing and transitional game developers are becoming curious.

Stardust has already partnered with game publisher Tilting Point to develop and built blockchain games.

Looking for your next crypto casino? Check out: Bitcasino, Gamb.co or FortuneJack.

Written by Isabella Aslam

Reporter

Isabella is an experienced writer in B2B and B2C journalism. Alongside crypto, Isabella writes and discusses the topics of relationships and psychology. Isabella holds a first-class degree in music journalism and often interviews electronic artists and DJs.
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