Blockchain-enabled play-to-earn game Axie Infinity is raising approximately $150 million in a Series B capital round at a $3 billion valuation, according to reporting on Monday by The Information.Citing two unnamed sources “with direct knowledge of the deal,” The Information wrote that venture giant Andreessen Horowitz is leading the round.The monster-battling game, which uses non-fungible tokens (NFTs) to reward players made 64,933.71 ether (ETH), worth $220.32 million, in September. That was down from a record $342 million in August, data center Axie World shows.But September’s figure represents a nearly 3,000-fold year-over-year growth.
Original Source: coindesk Axie Infinity to Raise 0M Series B at B Valuation: Report