Web3 game publisher Fenix Games has raised $150 million from investors including Phoenix Group and Dubai venture capital firm Cypher Capital. Fenix Games plans to acquire, invest in and publish blockchain games.
Fenix Games CEO and co-founder Chris Ko was previously the senior vice president of corporate development at Mythical Games and has served as general manager of Electronic Arts and Kabam, BlackRock portfolio manager, and JPMorgan Chase equity research analyst. (VentureBeat)