Connect with us

Business

Monkey Tilt raises $30M to reshape online gaming with blockchain

Published

on

Monkey Tilt

Do you think online gambling is due for a game-changing revolution? Monkey Tilt, a trailblazing crypto-focused online gambling platform, is here to redefine the industry. With a whopping $30 million Series A funding round led by Pantera Capital, this startup is primed to transform how players game, connect, and interact. As the online gaming landscape evolves, Monkey Tilt is setting the standard for innovation and immersive entertainment.

Monkey Tilt Secures $30M Series A to Revolutionize Online Gaming

Key Points:

  1. Monkey Tilt raises $30M to expand its crypto-integrated online gaming platform.
  2. The funding round was led by Pantera Capital with participation from other major investors.
  3. Plans for 2025 include a gamified crypto trading product to attract a broader audience.

Since its launch in March 2024, Monkey Tilt has garnered attention as a forward-thinking platform blending traditional casino games, sports betting, and cryptocurrency integration. The recent $30 million Series A round was backed by an impressive roster of investors, including Polychain Capital, PokerGo, Hack VC, and individual backer Josh Hannah.

This funding brings the company’s total capital raised to over $50 million, signaling significant confidence in its mission to push online gaming “into a new era.” According to Ryan Barney of Pantera Capital, “Monkey Tilt is shaping the future of entertainment with an unmatched gaming experience.”

What Sets Monkey Tilt Apart in Online Gaming

At its core, Monkey Tilt combines blockchain technology with a sleek, user-friendly interface. Its gaming offerings include dealer-led classics like craps and roulette, a 24/7 sportsbook, and an array of engaging crypto-integrated options. By supporting multiple digital assets, the platform offers unparalleled flexibility, catering to seasoned gamblers and crypto enthusiasts alike.

Advertisement

What truly distinguishes Monkey Tilt, however, is its social and lifestyle features. Founder and CEO Sam Kiki, who previously held leadership roles at MGM Resorts and Caesars Interactive, is committed to creating a platform that resonates with modern audiences. “The reality is this industry has failed to keep up with how people want to game, connect, and interact,” Kiki emphasized. “What we’re creating is immersive, engaging, and culturally relevant.”

Expansion and Ambitious Plans for 2025

Looking ahead to 2025, Monkey Tilt plans to introduce a gamified crypto trading product, aiming to broaden its appeal beyond traditional gamblers. This new offering will allow users to engage with the platform in innovative ways, merging entertainment with financial technology.

Beyond gaming, Monkey Tilt is evolving into a lifestyle brand, with plans to expand into media and fashion. These moves align with its vision to become a cultural touchstone in the entertainment industry. The platform’s commitment to integrating live streaming, multiplayer gameplay, and content creator interaction further underscores its disruptive approach.

Monkey Tilt and the Broader Market Trend

Monkey Tilt’s rise reflects a larger trend of venture capital interest in crypto-integrated gambling. Startups like MyPrize have also entered the market, securing millions in funding to develop platforms with interactive features like live streaming and sweepstakes. However, Monkey Tilt’s ability to attract top-tier investors and position itself as both a gaming and lifestyle brand sets it apart.

Advertisement

Monkey Tilt is not just a gaming platform; it’s a movement reshaping the online gambling landscape. With $30 million in new funding and ambitious plans for 2025, the company is redefining entertainment, innovation, and community in online gaming. As blockchain technology and cryptocurrency continue to drive industry transformation, Monkey Tilt stands out as a leader propelling the sector into a bold new era.

Andrew, a seasoned specialist in sports writing, joins the Gamingo.News editorial team, enriching our coverage with his profound expertise in sports journalism. His fascination with the sports industry ignited in his university days, where he excelled in collegiate sports analysis, eventually steering him towards the dynamic realm of sports betting and online gaming forums. Armed with a wealth of insight and experience, Andrew now channels his fervor for sports into insightful reporting, offering our readers exclusive updates and in-depth perspectives on the latest online gaming trends.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Gamingo.News stands as a premier digital destination dedicated to delivering top-tier news and insights in the gaming and gambling industry. This specialized media outlet garners the attention of over 120,000 readers each month, providing them with engaging content, current news, and in-depth analyses.
The platform offers extensive coverage of various facets of the gaming world, including both online and brick-and-mortar gaming, wagering, esports, updates on regulations and compliance, as well as technological innovations. Regular content includes daily news stories, press releases, unique interviews, and comprehensive reports on events.
Moreover, Gamingo.News organizes webinars pertinent to the industry and offers detailed reports, establishing itself as a comprehensive information source for those interested in learning about gaming market operators, suppliers, regulators, and professional services. The portal's main objective is to keep its large audience informed about the latest news, trends, and developments in the gaming and gambling sectors. It focuses particularly on the European igaming market but also covers significant global news, proving to be an invaluable tool for gaming professionals, operators, and enthusiasts.

For inquiries, reach out at: sales@gamingo.news

For editorial or PR submissions, contact: media@gamingo.news

Copyright © 2024 Gamingo.News.