Funding Roundup: Gaming startup Azra Games raises $42M

Leading this week’s funding wrap is Azra Games, a gaming studio.

The company announced a Series A round of $42.7 million, led by Pantera Capital with participation from a16z Crypto, a16z Games and NFX.

The firm is focused on creating role-playing games specifically on mobile. Mark Otero, who previously worked at Electronic Arts, founded the studio.

“The funding will be instrumental in accelerating the growth of Azra Games and advancing its various projects that are currently in development, including its flagship ground-breaking game, currently code-named ‘Project Legends,’” a press release announced. 

The studio plans to roll out games with the ability to add in technologies…

Read more on Blockworks

U.S. Bitcoin ETF Purchases from This Week

The weekly purchase of U.S. Bitcoin ETFs from October 14 to October 18, 2024, shows varying levels of investment throughout the week. The highest volume of Bitcoin ETF purchases occurred on October 14, with 8,300 BTC added to portfolios, indicating a significant surge in investor interest at the start of the week.

October 17 followed with 7,000 BTC purchased, maintaining strong activity. October 16 saw the purchase of 6,500 BTC, while October 15 recorded a lower, but still notable, 5,700 BTC. The week concluded with a more modest purchase of 4,000 BTC on October 18.

In total, these figures reflect dynamic investor engagement in Bitcoin ETFs throughout the week, with varying volumes each day. This data highlights the fluctuating nature of Bitcoin ETF purchases in the U.S. market, driven by investor sentiment and market conditions.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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