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Consensys Platform Virtue Poker Concludes Funding Round with $5 Million Investment

Consensys Platform Virtue Poker Concludes Funding Round with $5 Million Investment
Apr 12 2021 · 14:20 UTC | Updated
3 hours ago
Photo: Unsplash
Using the new funds, Virtue Poker plans to finally launch its mainnet in May 2021.
Ethereum-based Consensys poker platform Virtue Poker has successfully pulled in a total of $5 million in a strategic investment round it recently concluded. The multi-chain decentralized platform received funding from several known investors such as Consensys, Pantera Capital, Jez San from Funfair, and the DFG Group.
Currently, Virtue Poker is the first and also the only blockchain-based entity to receive operational approval from the Malta Gaming Authority. The license is a B2C – Gaming Service Licence, which allows the platform to engage directly with end customers. For more than two years, both entities collaborated on a regulatory framework befitting enough for blockchain gambling platforms. Following these regulations, t ....

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Consensys-Backed Virtue Poker Raises $5 Million Strategic Round

Place/Date: Ta’ Xbiex, Malta - April 12th, 2021 at 6:25 pm UTC · 3 min read
Virtue Poker, a multi-chain, Ethereum-based decentralized poker platform, has now announced it has closed on a strategic investment round of $5 million.
The company was part of Coinlist’s Seed Winter 2021 Batch and has received funding from strategic investors, including Joseph Lubin’s Consensys, DFG Group, Pantera Capital, Jez San from FunFair and other notable names. Poker legend and 10 times WSOP winner Phil Ivey, is a both a stakeholder and the public spokesperson for the company.
Virtue Poker is a P2P poker site that operates on the Ethereum blockchain, which allows players to transact in cryptocurrency instead of fiat money. Since 2015, blockchain development tank ConsenSys has served as the incubator for the project. ....

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The Most Safe and Secure Online Casinos in the UK: 13 Trustworthy Casino Sites in the United Kingdom

The Most Safe and Secure Online Casinos in the UK: 13 Trustworthy Casino Sites in the United Kingdom
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What U.S. Regulators can Learn from Spain's New Gambling Law

What U.S. Regulators can Learn from Spain's New Gambling Law
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Habanero Set for Spain, LatAm iGaming Expansion with Emara Play

Habanero Set for Spain, LatAm iGaming Expansion with Emara Play
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