Blockchain-powered virtual games startup raises $12 million
Canada-based virtual games startup CryptoKitties has raised $12 million in a funding round led by Andreessen Horowitz and Union Square Ventures. Coinbase Co-founder Fred Ehrsam, Zynga Founder Mark Pincus, and CoinList Co-founder Naval Ravikant also participated in the funding round. Founded in 2017, CryptoKitties develops virtual games built on blockchain technology.