Tron (TRX) intends to launch a blockchain based gaming fund sized at $100 million
|- Tron has launched another venture, a blockchain gaming fund, ‘Tron Arcade’.
- The fund is expected to have a total investment size of over $100 million, over the next three years.
Tron (TRX), are looking to launch a blockchain-based gaming fund, which is said to be called ‘Tron Arcade’. It is noted the creation of this is to empower developers, with a total investment size said to be at a chunky $100 million, over a three period.
The founder of Tron, Justin Sun, commented on the back of the Tron Arcade launch intentions, noting it will play a crucial role in the foundation’s expansion plans. As they continue to dominate the news wires of late.
TRX/USD is seen up over 5% in the session today – Thursday, trading at $0.01570 at the time of writing. Price are recovering from the recent bearish trend. Tron is the 11th largest cryptocurrency by market cap, which is seen at $1.05 billion.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.