.FTX_Official is in talks to invest in Indian gaming firm PlayMPL, according to a report. By parikshitm899
Cryptocurrency exchange FTX is in talks to invest in Indian gaming firm Mobile Premier League ,MPL is in talks with several investors, including FTX, as it look to push into Web 3 gaming, the report said. Earlier this year, FTX had created a gaming unit to boost crypto adoption in gaming,The Indian gaming firm, which counts Sequoia Capital India and RTP Global among its investors, has several mobile video game titles under its umbrella in genres ranging from sports, card games, to fantasy games.
MPL has been looking to raise the investment as an extension to its Series E round, at a valuation of $2.5 billion, the report added, citing a source.FTX Starts Gaming Unit to Promote Crypto Adoption: ReportThe leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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