Monkey Tilt, a crypto casino gaming platform launched in March 2023, has successfully raised $30 million in a Series A funding round.
Monkey Tilt, a crypto casino gaming platform launched in March 2023, has successfully raised $30 million in a Series A funding round.
The investment was led by Pantera Capital, a well-known venture capital firm in the cryptocurrency space. This latest funding round brings the total capital raised by Monkey Tilt to over $50 million.
In addition to Pantera Capital, several other investors participated in the funding, including Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, and Josh Hannah, a co-founder of Flutter.com. The specific valuation of Monkey Tilt following this funding round has not been disclosed.
Founded by Sam Kiki, Monkey Tilt aims to redefine the online gaming experience by blending traditional casino elements with modern social and lifestyle features. The platform supports transactions in several cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin and various stablecoins, allowing users to place bets using their preferred digital currencies.
Monkey Tilt currently offers a range of casino games and operates a 24/7 sportsbook. The company has announced plans to introduce a new crypto-gamified product in the first quarter of 2025.
This upcoming feature will enable users to earn profits by accurately predicting the performance of selected players against their statistical benchmarks.
According to Kiki, the platform seeks to innovate the online gaming sector by creating an immersive and engaging environment that aligns with contemporary gaming preferences.
The recent funding is expected to bolster Monkey Tilt's efforts to expand its offerings and enhance user experience in the evolving landscape of online casinos.
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