Matr1x Receives Investment From OKX Ventures

Matr1x

Matr1x, a Singapore-based provider of a Web3 entertainment platform, received an investment from OKX Ventures.

The amount of the deal was not disclosed.

The company intends to use the funds to expand operations and its business reach.

Matr1x is developing Matr1x Fire, a first-person CS:GO style shooting title, as well as a ‘battle-royale’ mode, which allows players to work together on teams to defeat enemies and emerge from the fray victorious. It will integrate classic Web3 elements, including NFTs which unlock special experiences and privileges, and will be available on mobile and desktop. The game revolves around a generations-old conflict between data cartels and a decentralized resistance.

Matr1x has raised about USD$20m from a range of venture capital firms.

FinSMEs

09/01/2024