Axie Infinity Parent Company Sky Mavis Closed $150 Million in Financing Led by Binance

Axie Infinity parent company Sky Mavis closed a $150 million round of funding led by Binance with participation from Animoca Brands, a16z, Dialectic and Paradigm. The round combined with Sky Mavis balance sheet funds, will be used to ensure that all users affected by the Ronin Validator Hack will be reimbursed.