FTX is in talks to invest in Indian gaming company Mobile Premier League (MPL). TechCrunch The report cited a source familiar with the matter.
MPL is in talks with a number of investors, including FTX, as the company appears to want to get into Web 3 gaming. Earlier this year, FTX created a gaming entity to increase crypto adoption in gaming.
Indian gaming company that counts Sequoia Capital India and RTP Global among its investors. There are mobile video games in different genres, from sports to card games to fantasy and company games.allocate money 2000 crore ($265 million) for the popular fantasy cricket league. where players can win prizes of up to Rs. 1 crore
MPL is looking to increase its investment to expand into its $2.5 billion Series E round.
refer : LINK
The post FTX in talks to invest in Indian gaming company Mobile Premier League (MPL) appeared first on Bitcoin Addict.