Binance Labs Invests $15M in Xterio, A Web3 Gaming Platform Startup

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Binance Labs invests $15 million into Xterio’s Web3 game platform and publisher. Xterio plans to use the amount to develop games and technology by integrating AI.

Xterio plans to bridge free-to-play and the digital ownership era with AI-based on-chain gaming. The team brings experienced Web2 professionals with Web3 expertise to work closely on the development, allowing gamers globally to experience rich on-chain gameplay.

Xterio’s executive team has experience in technology, Web2 gaming, and entertainment companies like Ubisoft, FunPlus, Jam City, and NetEase. These will provide expertise in creating and maintaining free-to-play social games on PC and mobiles.

The investment will speed up the development of games. Xterio is ready to fuel creating fresh, world-class intellectual properties to enrich its Web3 distribution platform.

Read More: Binance Labs Commits $15 Million Into Xterio Ecosystem to Expand Its Game Development Capabilities in AI and Web3

TalkDev Bureau
TalkDev Bureau
The TalkDev Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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