Alphaslot, a Hong Kong-based blockchain gaming ecosystem creator, raised a multimillion USD second investment round.
The round was led by Sora Ventures from China, with participation from Hong Kong’s Credito Capital and Shinobi Capital, Singapore’s Spartan Group, Netherland’s TRG, Silicon Valley’s Primitive Ventures and others. In conjunction with the funding, Paul Veradittakit, partner at Pantera Capital in Palo Alto, California, has joined Alphaslot’s as an advisor.
The company intends to use the funds to expand operations in Hong Kong and to speed up the launch of its tokenized blockchain entertainment platform in the gaming industry.
Led by Raymond Chan, founder and CEO, Alphaslot achieves the application of the token economy with the use of blockchain and will gradually expand to relevant businesses such as e-sports and the management and regulation of the digital asset market.