Alpha Network Raises $6 Million in Funding for Gaming and AI Expansion

IconCryptoNewsTerminal Staff30 May, 2024

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Alpha Network Raises $6 Million in Funding for Gaming and AI Expansion

Alpha (ARPA) Network has secured $6 million in funding to drive its expansion into on-chain gaming, Autonomous Worlds (AW), and encrypted AI products. The investment round was led by Laser Digital, the digital asset arm of Nomura Holdings, Inc., and Defiance Capital. Other participating investors include Animoca Brands, Matrix Ventures, Arrkstream Capital, and Precibus Capital. The funding will enable Alpha Network to accelerate the development of its innovative blockchain solutions for the gaming and AI industries. The company aims to create a more immersive and engaging gaming experience for players, while also providing secure and private AI solutions for various applications. With its focus on cutting-edge technology and strategic partnerships, Alpha Network is well-positioned to capitalize on the growing demand for blockchain-based gaming and AI solutions. The company's commitment to innovation and user-centric design will undoubtedly contribute to its continued success in the future.

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