Crypto enthusiasts have a thrilling development to follow in the emerging landscape of online gaming. Monkey Tilt, a crypto casino that first opened its virtual doors in March 2024, has secured a substantial $30 million in a Series A funding round led by the reputable Pantera Capital. This investment propels the total capital raised by the platform to over $50 million, marking a significant milestone in the company’s journey.
Monkey Tilt Successfully Secures $30 Million in Series A Funding
Monkey Tilt’s latest funding round has generated considerable interest within the financial and gaming sectors. The investment group includes notable players such as Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, and Josh Hannah, the co-founder of Flutter.com, which later merged with Betfair. While the specific valuation of Monkey Tilt remains undisclosed, the boost in funding underscores the platform’s position in the crypto gaming market.
A New Paradigm in Online Gaming
Describing itself as an “entertainment-first company,” Monkey Tilt aims to merge traditional casino experiences with modern social and lifestyle enhancements. The platform offers a flexible payment infrastructure, enabling users to place bets utilizing a variety of cryptocurrencies, such as Bitcoin, Ethereum, Solana, Dogecoin, and various stablecoins.
“The reality is this industry has failed to keep up with how people want to game, connect and interact,” said Sam Kiki, founder and CEO of Monkey Tilt. “What we’re creating is immersive, engaging, and culturally relevant — and everyone is recognizing it.”
Future Developments and Innovations
Monkey Tilt is not resting on its laurels. In addition to enhancing its existing suite of casino games and its 24/7 sportsbook, the platform is poised to introduce a new crypto-gamified product by Q1 2025. This innovative feature will allow users to earn profits by accurately predicting the performance of selected players against their statistical benchmarks.
Ryan Barney, a partner at Pantera Capital, expressed his enthusiasm for the platform:
“Monkey Tilt is pushing the online gaming world into a new era that’s heads and shoulders above the rest of the market. Sam has already proven to be an authoritative leader in this space, and we’re so proud to back a platform that’s genuinely shaping the future of entertainment.”
Conclusion
As the crypto gaming space continues to expand, Monkey Tilt is positioning itself as a trailblazer through its combination of innovative technology and engaging gameplay. The recent funding serves as a testament to both investor confidence and the burgeoning market for cryptocurrency in the casino sector. For those interested in the future of online entertainment, Monkey Tilt is certainly a platform to watch.
