blizzard

ChainCatcher news, game developer Thetan World announced that it has received a strategic investment from the Avalanche Blizzard Fund. The specific investment amount and valuation information have not been disclosed. The new funds are intended to support Thetan World in building a high-quality original game ecosystem based on P2E.It is reported that Avalanche will also provide support for its economy and infrastructure.

ChainCatcher news, according to Finsmes, the blockchain infrastructure company Balcony in New Jersey, USA, announced the completion of its Pre-Seed funding round, with participation from the Avalanche Blizzard Fund. The specific amount and valuation information have not been disclosed. The new funding will be used to expand operations and development efforts.It is reported that Balcony is dedicated to building a RWA blockchain platform aimed at institutions and government agencies, providing on-chain trading and asset settlement services, currently mainly applied in the real estate sector.

ChainCatcher news, according to The Block, Matter Labs has hired former Activision Blizzard Vice President of Community Michael Lee as its Senior Vice President of Growth, focusing on bringing games to its zkSync. Michael Lee stated that zkSync will support game development for AAA game studios or game developers interested in cryptocurrency. (Source link)

ChainCatcher news, the crypto finance platform Fractal announced the completion of a $6 million funding round, with investors including QCP, 6th Man Ventures, prototype, Blizzard, CMT Digital, Golden Tree Asset Management, CoinShares, and Spartan Group.It is reported that Fractal is dedicated to building a new platform to facilitate more transparent clearing and settlement of digital assets, eliminating the opacity in trading caused by leverage. (Source link)

ChainCatcher news, Activision Blizzard President and Chief Operating Officer Daniel Alegre announced on his personal social media that March 31 will be his last day working at Activision Blizzard, and starting tomorrow he will officially take on the role of CEO at Yuga Labs, expressing immense excitement for the next phase of his career.It is reported that Daniel Alegre joined Activision Blizzard in March 2020, previously serving as an executive at Google, and during his time at Blizzard, he was involved in the development of well-known game franchises such as Call of Duty, World of Warcraft, Diablo, Overwatch, and Candy Crush.Previously, ChainCatcher reported in December last year that Yuga Labs announced the hiring of former Activision Blizzard President and Chief Operating Officer Daniel Alegre as the new CEO, expected to take office in the first half of 2023, with the company's first and current CEO Nicole Muniz remaining on the team as a partner and strategic advisor. (source link)

ChainCatcher news, the lending protocol Acumen Network announced a strategic investment from the Avalanche ecosystem fund Blizzard. Acumen plans to open a deposit fund pool of up to $20 million starting from the Avalanche platform. In addition, Acumen aims to expand globally and deploy on various EVM-compatible networks, including NEAR and FUEL.Previously, Acumen provided over $250,000 in loans to small and medium-sized enterprises in El Salvador through a pilot project. (source link)

Chain Catcher news, former Blizzard Greater China CEO Alex Tai has recently joined Tristan as a Global BD Partner, aiming to drive the large-scale migration of Web2 users in the broader TMT industry to Web3 based on Tristan's leading technology solutions.Alex Tai is of Malaysian Chinese descent, graduated from Monash University in Australia and the INSEAD joint EMBA program at Tsinghua University. He has held executive positions in the telecommunications, technology, and online education sectors in the Asia-Pacific region, and served as the head of Blizzard Entertainment Greater China from 2010 to 2014. (Source link)

ChainCatcher news, Yuga Labs has hired former Activision Blizzard President and COO Daniel Alegre as the new CEO. Daniel Alegre has been involved in the development of well-known game franchises such as Call of Duty, World of Warcraft, Diablo, Overwatch, and Candy Crush.Yuga Labs stated that Daniel Alegre will take office in the first half of 2023, and the company's first and current CEO, Nicole Muniz, will remain with the team as a partner and strategic advisor. (source link)

ChainCatcher news, blockchain creator marketing and collaboration platform Pearpop announced the completion of a $18 million Series A funding round, with participation from Hollywood star Ashton Kutcher, Guy Oseary of Sound Ventures, Seven Seven Six, Blockchange Ventures, Blizzard Fund under Avalanche, and C2 Ventures. As of now, the company's valuation has reached $300 million, with a total funding amount exceeding $34 million.Pearpop's two new products are the brand interaction service Ovation and the blockchain cross-platform engagement service Passport, the latter of which helps brands better understand creators' influence and audience engagement. (source link)

ChainCatcher news, the blockchain digital securities platform DEFYCA announced the completion of a $1.3 million seed round financing, led by QBN Capital and Blizzard Fund.The blockchain protocol developed by DEFYCA, the DEFYCA Protocol, aims to help cryptocurrency investors invest in traditional debt securities through tokenized assets. These tokenized assets will be included in liquidity pools, with processes such as price discovery, settlement, and payment executed through smart contracts, thereby establishing a connection between DeFi and TradFi (traditional finance). (Source link)

Chain Catcher news, the collectible trading custody platform MynaSwap has completed a $6 million seed round financing, with participation from Blizzard Fund (a fund in the Avalanche ecosystem), Spartan Capital, Wave Financial, and NFL stars Odell Beckham Jr. and Kyler Murray, with a financing valuation of $50 million.It is reported that MynaSwap is built on the Avalanche network and is a platform for trading and custody of collectibles such as sneakers, cards, and watches. Users mail their physical collectibles to MynaSwap's vault for authentication, and if the items pass inspection, they will be stored in a high-security, temperature-controlled vault and minted as digital assets.In addition, MynaSwap is a project in the web3 space by the team behind the Coolkicks sneaker chain. The Coolkicks brand is known for its flagship store located on Melrose Avenue in Los Angeles, which has attracted celebrities such as NBA player Ja Morant, NFL quarterback Drew Brees, and entrepreneur Gary Vee. (source link)