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Karate Combat Lands $18 Million in Financing for Crypto Driven Martial Arts

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On April 19th, according to Decrypt, Karate Combat, a karate combat application, completed a $18 million financing for crypto driven martial arts. Investors who have joined Bitkraf

Karate Combat Lands $18 Million in Financing for Crypto Driven Martial Arts

On April 19th, according to Decrypt, Karate Combat, a karate combat application, completed a $18 million financing for crypto driven martial arts. Investors who have joined Bitkraft Ventures as fund leaders include Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, RooxieXBT, and others. The Karate Fighting League is sponsored by the HBAR Foundation, which supports the Hedera ecosystem and Hedera Hashgraph network.

Karate Combat completed $18 million in financing for crypto driven martial arts

Karate Combat, a popular karate combat application, has recently completed an $18 million financing round for its crypto driven martial arts. The funding was led by Bitkraft Ventures and included investors such as Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, RooxieXBT, and others.

What is Karate Combat?

Karate Combat is a platform that brings full-contact karate to a global audience. It is a mix of traditional martial arts and modern technology, allowing fighters and fans to compete and interact in a virtual environment.

How Did Karate Combat Use Crypto in its Financing?

Karate Combat used cryptocurrency to fund its latest financing round, following in the footsteps of many other companies that are now embracing this technology. The use of these digital assets allowed the company to quickly and securely complete the funding process, without the need for intermediaries or traditional financial institutions.

Who Were the Investors in this Round?

Investors in this round included Bitkraft Ventures, a venture capital firm that focuses on gaming and esports, as well as Delphi Digital, a research firm that specializes in digital assets. The Operating Group, Alpha Wave Global, Hashkey, RooxieXBT, and others also participated in the funding.

What is the HBAR Foundation?

The HBAR Foundation is a sponsor of the Karate Fighting League, which is supported by the Hedera ecosystem and Hedera Hashgraph network. Hedera Hashgraph is a distributed ledger technology that is used to create a more secure and scalable platform for the karate combat application.

Conclusion

Karate Combat’s recent financing round shows that the company is committed to innovation and technology, as it continues to expand its presence in the martial arts world. By embracing the use of crypto and other digital assets, the company has found a way to fund its growth quickly and securely, without the need for traditional financial institutions.

FAQs

Q: What is Karate Combat?
A: Karate Combat is a platform that combines traditional martial arts and modern technology to bring full-contact karate to a global audience.
Q: What is the HBAR Foundation?
A: The HBAR Foundation is a sponsor of the Karate Fighting League, which is supported by the Hedera ecosystem and Hedera Hashgraph network.
Q: Who were the investors in Karate Combat’s recent financing round?
A: Investors in the funding round included Bitkraft Ventures, Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, RooxieXBT, and others.

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