- Galaxy Interactive, Republic Crypto, and Alameda Research have founded an investment consortium called NG+.
- Short for New Game+, the alliance will focus on investments in Web3 video games.
As the wider NFT market surged in 2021, so did interest in blockchain-powered games—with scads of them launched or announced over the past year. Now Galaxy Interactive, Republic Crypto, and Alameda Research have formed a co-investment alliance focused on the Web3 gaming space.
NG+, which is short for New Game+, is an investment consortium that will see the three notable crypto firms co-invest to cultivate the next generation of tokenized video games.