Key Points
- Monkey Tilt has secured $30M in Series A funding led by Pantera Capital, bringing total funding to $50M, to develop their crypto-integrated gaming platform.
- The platform, launched in March 2024, offers traditional casino games with integrated crypto payment options and social features, establishing a significant market presence.
Investment Details
Las Vegas-based Monkey Tilt has completed a $30 million Series A funding round led by Pantera Capital. Additional investors include Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, and Josh Hannah. The company’s total funding now exceeds $50 million USD.
Platform Development
The platform integrates traditional casino offerings with digital payment capabilities, featuring dealer-led craps, roulette, and a 24/7 sportsbook. Monkey Tilt’s infrastructure supports multiple cryptocurrencies, allowing users to wager using various digital assets. Since its March 2024 launch, the platform has attracted both experienced and new users.
Strategic Growth Plans
Founder and CEO Sam Kiki emphasized the company’s focus on modernizing gaming experiences. “Monkey Tilt was designed to update the traditional gaming experience,” said Kiki. The company plans to introduce a new crypto trading product in Q1 2025, furthering its commitment to platform development.
Pantera Capital’s Ryan Barney expressed confidence in the investment, noting, “Monkey Tilt is advancing the online gaming sector through innovative solutions.” The platform’s combination of traditional casino games, sports betting, and cryptocurrency integration suggests a measured approach to gaming industry advancement.
