Share this article
Gala Games, C2 Ventures Start $100M Fund to Invest in Blockchain Gaming
The fund will invest in projects being built with blockchain technology, including play-to-earn and metaverse ventures.
Updated May 11, 2023, 4:06 p.m. Published Dec 13, 2021, 4:11 p.m.
Gala Games, a blockchain-gaming platform, and crypto investment firm C2 Ventures have formed a $100 million fund to invest in play-to-earn games, metaverse environments and other projects built using blockchain technology.
- Gala Games said the fund will invest in game developers and decentralized gaming projects.
- C2 Ventures is a crypto investment firm founded by the former head of blockchain investments at Huobi Global, Ciara Sun.
- “Through our new fund with C2 Ventures, we aim to support a new class of developers who can build genuinely entertaining games powered by blockchain technology,” James Olden, chief strategy officer at Gala Games, said in a statement.
- Gala Games said it appointed Huobi Global as a partner in an advisory role when it comes to projects on marketing and Web 3.0 growth. The crypto exchange will also work with teams on future token listings.
- Global gaming revenue is expected to reach $200 billion in 2024, according to e-sports analytics firm Newszoo, the companies said.
Read more: Crypto Exchange Huobi Global to Move Spot Trading Services to Gibraltar
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Tether leads $8 million investment in Speed to push USDT further into everyday payments
Using the Bitcoin's Lightning Network and Tether's USDT, Speed handles $1.5 billion in annual payments and serves 1.2 million users.
What to know:
- Tether invested $8 million in Speed, a payments company that combines Bitcoin's Lightning Network with stablecoin settlement.
- Speed handles $1.5 billion in annual payments and serves 1.2 million users, using Lightning and USDT .
- The investment supports Tether's efforts to expand USDT's use cases and strengthen Bitcoin-aligned infrastructure, with CEO Paolo Ardoino highlighting the potential of Lightning and stablecoins.
Top Stories
