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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.  

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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