Cross the Ages Launches Token and Secures Funding

Cross the Ages Launches Token and Secures Funding

May 15 Tech Standard

Cross the Ages, a popular trading card game that uses NFTs on the Ethereum scaling network Immutable X, launched its very own CTA token this Wednesday. This launch coincided with the announcement of a new funding round for the studio behind the game.

The funding round, totaling $3.5 million, was led by crypto investment giant Animoca Brands. Joining them were Sebastien Borget, co-founder of The Sandbox, and Nicolas Jeuffrain, co-founder of renewable energy firm Tenergie. This brings Cross the Ages' total funding to a substantial $23.5 million, combining both previous investments and community fundraising.

"We are thrilled to welcome Animoca Brands as the lead investor," said Cross the Ages co-founder and CEO Sami Chlagou. This collaboration highlights a shared vision and signifies a strong belief in CTA's potential to expand its universe within the Animoca Brands ecosystem and partner network.

The CTA token is now available for trading on Ethereum through exchanges like Bybit and KuCoin. While the token's current price sits at $0.29, it did reach a high of $0.37 earlier on Wednesday, reflecting a slight dip of 8%.

Cross the Ages boasts some impressive backing from traditional gaming giants as well. Ubisoft, the creator of Assassin's Creed, and Square Enix, who brought us Final Fantasy, have both previously invested in the studio. Ubisoft even collaborated with Cross the Ages earlier this year, introducing their Watch Dogs franchise to the game through a special NFT expansion pack.

Animoca Brands co-founder and Executive Chairman Yat Siu sees promise in the future of blockchain gaming. "This movement empowers users to experience true digital ownership within a virtual environment," he said, "and Cross the Ages perfectly embodies these values."


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