Crypto gaming startup PlaysOut is considering raising $15 million at a $150 million valuation

Odaily Planet Daily reported that gaming technology startup PlaysOut is considering a new round of equity financing, aiming to raise approximately US$15 million and its valuation is expected to exceed US$150 million.

Sources familiar with the matter revealed that the company has begun contacting potential investors, including Middle Eastern sovereign wealth funds and top global venture capital firms. PlaysOut reportedly plans to use the proceeds to advance its commercialization efforts. (Bloomberg)