Top cryptocurrency casino sees increase in enterprise value

Operator of cryptocurrency casinos MyPrize announced on Tuesday that it has raised $13 million in two rounds of funding, increasing its enterprise value to $140 million.

MyPrize is a web3 gaming platform that promotes social gaming and teamwork, features that are frequently absent from conventional gambling websites.

The use of bitcoin and other digital currencies has grown thanks to the rise in popularity of crypto casinos in recent years.

 

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The casino's are going for this option because of the recent increase in the price of the cryptocurrency in the market many of the casinos are actually backing the crypto option because they know that they can make significant profits from this financial resource along with increasing the potential volume of activity on their platforms very easily indeed