Sky Mavis raises $150 million round led by Binance to reimburse Ronin attack victims

Sky Mavis raises $150 million round led by Binance to reimburse Ronin attack victims

Sky Mavis, the firm behind hit play-to-earn game Axie Infinity, raised a $150 million round led by Binance to reimburse user funds lost in the $625 million Ronin attack, the firm said on Wednesday.

Venture capital firm a16z, Dialectic, Paradigm and Accel also participated in the round.