Galaxy Interactive, Republic, Alameda Team Up for Web3 Gaming Investments – Decrypt

In brief

• 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.

Source: https://decrypt.co/95217/galaxy-interactive-republic-alameda-team-for-web3-gaming-investments