Forte has raised $725 million for its behind-the-scenes blockchain game platform, which will enable game companies to create blockchain games that are both compliant and interoperable.
The Forte deal comes shortly after other NFT gaming companies have hit unicorn status (above $1 billion valuation) like Animoca Brands, Mythical Games, Dapper Labs, and Sky Mavis. All those companies are making games based on the blockchain, the secure and transparent digital ledger that enables cryptocurrencies and unique one-of-a-kind items, or nonfungible tokens (NFTs). One of the lead investors here was Sea, owner of Garena, which operates the huge free-to-play game Free Fire.
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