Mythical Games announced the conclusion of a $150 meg fundraising round. The company conducted the raise at a $i.25 billion valuation on Thursday, which was led by global venture capital firm Andreessen Horowitz.

Mythical said it plans to use this new infusion of capital to help integrate nonfungible tokens (NFTs) into games. Andreessen General Partner Arianna Simpson said in a statement:

"Co-founders John, Jamie, and Rudy take a wealth of experience in the gaming world and have built a world-class team to support their vision. We're thrilled to partner with them to bring NFT gaming to an even larger stage."

Other investors in this circular included venture capital firms D1 Capital, 32 Equity (the investment arm of the National Football League), RedBird Majuscule, Com2Us, and The Raine Group in addition to cryptocurrency exchanges FTX and Binance Labs. Several professional person sports franchise owners besides participated, including Jonathan Kraft of the New England Patriots and Michael Gordon of the Boston Reddish Sox. Ryan Tedder of OneRepublic said:

"Every bit an early believer and investor in blockchain engineering science and NFTs, and as a much earlier believer in video games, I am happy to assist dorsum a company that understands not merely where the world is at with gaming and tech, only where it's headed."

Mythical previously announced a $75 1000000 circular in June, the aforementioned month Andreessen Horowitz launched the largest crypto venture fund ever. That fund led a quarter-billion-dollar Series C for blockchain platform Alchemy in October.