Lootex raises $9M for its blockchain metaverse marketplace

Lootex today announced it has raised $9 million to work on its planned metaverse marketplace. When completed, it would potentially allow gamers to trade and buy items across multiple blockchains.

The round was led by Spartan Capital, Infinity Ventures Crypto, LD Capital and Akatsuki. Other participants include Polygon Studio, HTC, Huobi Ventures, and Morningstar Ventures, among many others. Some investors said in statements that they participated because Lootex will help the blockchain economies.

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Rachel Kaser

Rachel Kaser is a gaming and technology writer for from Dallas, Texas. She's been in the games industry since 2013, writing for various publications, and currently covers news for GamesBeat. Her favorite game is Bayonetta.