2 years ago
Cryptocurrency speech FTX is successful talks to put successful Indian gaming steadfast Mobile Premier League (MPL), TechCrunch reported, citing sources acquainted with the matter.
MPL is successful talks with respective investors, including FTX, arsenic it look to propulsion into Web 3 gaming, the study said. Earlier this year, FTX had created a gaming portion to boost crypto adoption successful gaming, according to a erstwhile report.
The Indian gaming firm, which counts Sequoia Capital India and RTP Global among its investors, has respective mobile video crippled titles nether its umbrella successful genres ranging from sports, paper games, to phantasy games. The steadfast had earmarked Rs 2,000 crore ($265 million) for its fashionable phantasy cricket league successful which players tin triumph up to Rs 1 crore.
MPL has been looking to rise the concern arsenic an hold to its Series E round, astatine a valuation of $2.5 billion, the study added, citing a source.
MPL and FTX did not instantly respond to petition for remark by CoinDesk.
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Parikshit Mishra is the quality exertion for CoinDesk during the mid Asia and aboriginal European hours. He does not person immoderate crypto holdings.
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