Animoca Manufacturers has doubled-down on its current funding in French developer Cross The Ages Studio.
Having beforehand led a $3.5 million funding spherical into the corporate in Might 2024, Animoca has now introduced a brand new strategic funding together with an initiative to purchase the CTA token from the open market.
The quantity of the strategic funding isn’t disclosed, neither is the timing or the quantity of CTA it can purchase.
Nonetheless, the token worth has been rising since hitting its all-time-low in February 2025. It’s up 454% since, together with a robust 161% rise prior to now month.
That said, the CTA token worth stays down 84% from its all-time-high on seventeenth Might 2024. It at the moment has a circulating marketcap of $37 million.
The rationale Animoca seems to have reinvested in Cross The Ages Studio is that it’s making ready to launch its second recreation, a multiplayer motion role-playing recreation referred to as Come up, which has been in improvement utilizing Unreal Engine 5 for the previous couple of years. It’s anticipated to launch on PC in This fall 2025, with Mac and different platforms to observe.
As a part of its deal, Animoca can even seek the advice of when it comes to go-to-market technique, tokenomics in addition to offering liquidity for CTA buying and selling.
Cross The Ages Studios has raised greater than $24 million to-date, launching its Cross The Ages TCG in March 2023.
“The team at Cross The Ages has consistently shown strong commitment to high-quality web3 game development and we believe that the market has significantly undervalued the potential of Cross The Ages,” commented Animoca’s Yat Siu.
“This collaboration exemplifies our commitment to high-quality blockchain gaming that bridges traditional audiences and web3. Arise‘s development on Unreal Engine 5 truly showcases crypto gaming’s triple-A potential.”
Cross The Age’s CEO Sami Chlagou added, “We’ve been supported by Yat and Animoca Brands since 2021, during the launch of our first token and again in our first equity round in 2024. We’re proud to have the continued support of a web3 gaming pioneer, and we’re convinced this partnership marks the next chapter in an incredible journey.”
