Game of Silks, a Boca Raton, FL-based provider of a blockchain gaming platform, raised $5M in Series Seed 2 funding.
Backers included Taylor Made, and FunFair Ventures, among others.
The company intends to use the funds to expand operations and its development efforts.
Led by Co-founders Dan Nissanoff and Troy Levy, Game of Silks provides a blockchain gaming platform mirroring the real world of thoroughbred horse racing. The capital raise following partnerships with industry leaders including NYRA, NYRA BETS, Saratoga Race Track, Belmont Race Track, Aqueduct, and FOX Sports’ Americas Best Racing. Additionally, Silks recently partnered with The Jockey Club.
Launched in June 2021, the company has received over $10M in capital from strategic investors and boasts an organically grown community of over 25,000 people.