Forte has raised $185 million at a $1 billion valuation for its behind-the-scenes blockchain game platform. Griffin Gaming Partners led the investment in the latest unicorn to rise in the blockchain gaming market.
The Forte deal comes a week after Hong Kong-based Animoca Brands raised $88 million at a $1 billion valuation (the definition of a unicorn is having such a valuation) to make games based on the blockchain, the secure and transparent digital ledger that enables cryptocurrencies and unique one-of-a-kind items, or nonfungible tokens (NFTs).