DAOIndiGG
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Web3 game studio Kratos completed $20 million seed round financing with $150 million
It is reported that Kratos, an Indian Web3 game studio, completed a seed round financing of US $20 million at a valuation of US $150 million, with Accel leading the investment, Prosus Ventures, Courtside Ventures, Nexus Venture Partners, and Nazara Technologies participating in the investment, and also acquired DAOIndiGG, a subsidiary of YieldGuild Games DAO through token exchange, which means that the existing INDI token holders will be exchanged for new Kratos tokens, “The new token will be launched within 12 months”. Interpretation of this information: Kratos, an Indian Web3…