Sky Mavis raises $150 million to replenish stolen funds
Recently, the company Sky Mavis, the owner of the Ronin network, carried out a round of financing with the aim of replenishing the lost funds. In this way, the company seeks to keep its word, return stolen funds from Ronin to their owners.
During this first round of financing, the company assured that it managed to raise 150 million dollars. All these funds will be used to replace what was lost (at least part of it).
In this way, Sky Mavis begins to carry out actions so that the people who had funds in Ronin can recover them. However, the road is quite long, especially since the amount of money that was stolen amounts to 600 million dollars.
Binance trusts Sky Mavis and its project
The funding round was led by Binance, which once again shows its support for Sky Mavis in this situation. Even in recent days, the company provided ETH withdrawals and deposits for Axie Infinity users.
Even the CEO of Binance, Changpeng Zhao, congratulated the growth of the company and the entire project. In fact, these two companies worked together on the Axie Infinity Lauchpad on Binance.
Binance bets again on this project and has every confidence that the project will bring great value and help the growth of the entire ecosystem.
Other organizations behind the funding round
Although Binance was the company that collaborated the most in the financing round, this was not the only one. In fact, organizations like Animoca Brands, a16z, Dialectic, Paradigm and Accel are some of those who decided to support Sky Mavis with funding.
It is no secret to anyone that both Sky Mavis and the game are in a somewhat dark stage, it has shown the community that it plans to move forward and continue to be a benchmark in the world of cryptographic games.
The company wants to return all the stolen funds
From the moment the theft of the funds was confirmed, the company has been working hard to be able to return the funds to all those affected.
Even though this funding round represents only about 25% of all funding, it is a first step, making all users notice how Ronin, Sky Mavis and Axie Infinity have taken responsibility.
It is not known exactly how long it will take Sky Mavis to finish paying back all the money. However, the truth is that the company is doing everything in its power to achieve it.