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Home»ADOPTION NEWS»Cryptocurrency casino Monkey Tilt attracts $30 million Series A investment led by Pantera Capital
ADOPTION NEWS

Cryptocurrency casino Monkey Tilt attracts $30 million Series A investment led by Pantera Capital

By Crypto FlexsNovember 21, 20242 Mins Read
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Cryptocurrency casino Monkey Tilt attracts  million Series A investment led by Pantera Capital
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Monkey Tilt, a cryptocurrency casino gaming platform launched in March, raised $30 million in a Series A funding round led by renowned cryptocurrency VC firm Pantera Capital.

Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana and Josh Hannah, VC and co-founder of Flutter.com, which later merged with Betfair, also participated in the round. The financing brings Monkey Tilt’s total capital to more than $50 million, according to a statement. The company’s valuation has not been made public.

Monkey Tilt describes itself as “an entertainment-first company that combines the traditional casino experience with enhanced social and lifestyle integration.” The platform provides a payment infrastructure for betting on a variety of cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin, and stablecoins.

“The reality is that the industry hasn’t caught up to how people want to game, connect and interact,” said Sam Kiki, founder and CEO of Monkey Tilt. “What we’re creating is immersive, engaging and culturally relevant, and everyone recognizes that.”

In addition to its existing casino games and 24/7 sportsbook, Monkey Tilt plans to launch new cryptocurrency gamification products in the first quarter of 2025. This feature allows users to earn money by accurately predicting whether a selected player will exceed or fall short of their stats. prediction.

“Monkey Tilt is leading the world of online gaming into a new era that is far superior to the rest of the market,” said Ryan Barney, Partner at Pantera Capital. “Sam has already proven to be an authoritative leader in this space, and we are very proud to support a platform that is truly shaping the future of entertainment.”


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

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