For mobile cash tournament gaming platform.
What do gamers love? Pro tournaments. What do they love even more? An IV drip with delicious, delicious Dorito flavored Mountain Dew. Outside of that, probably cash. Ryu Games this week announced the closure of a $2.3 million funding round from a number of venture capital groups. Since its launch in 2020, Ryu Games announced several partnerships with game studios and launched a dozen mobile cash tournament games. The direct infusion of cash money will boost Ryu Games in its quest for more cash money tournaments.
Ross Krasner, CEO of Ryu Games, said: “Real money esports tournaments on mobile games have exploded in popularity over the past few years. We want to bring these players social functionality that gamers on other platforms have grown to expect. This round of funding will allow our team and our developer partners to bring our winning twist on cash tournaments to a broad audience through a carefully curated catalog of titles.”
The Ryu Games platform offers social integration, leaderboards, and allows players to earn currency as well as cash rewards for completing challenges.