BITKRAFT Ventures, a venture capital firm focused on gaming, esports, and interactive media, today announced a strategic partnership with Delphi Digital, a leading blockchain advisory firm dedicated to advancing the understanding and development of the growing digital asset market.
Earlier this year BITKRAFT hired crypto and blockchain expert Piers Kicks to expand its capabilities. As BITKRAFT continues to increase its focus on investments in companies that utilize blockchain technology as well as crypto assets and economics the partnership will see the two companies collaborate to identify the most exciting companies at the intersection of blockchain and gaming and offer their collective expertise in gaming, esports, digital entertainment, crypto technology, and the token-based asset-class to portfolio companies.
“The breadth of knowledge and experience of the Delphi team in the crypto space is hard to come by. With this strategic partnership, we intend to expand our best-in-class portfolio support capabilities and be smarter and faster when it comes to identifying great entrepreneurs and ideas in the intersection of crypto and gaming. The huge impact of blockchain technology on the games and digital entertainment space is starting to emerge as we speak and BITKRAFT aims to play a significant role in it,” commented Jens Hilgers, Founding Partner at BITKRAFT Ventures.
“Delphi is enormously excited to formally announce a strategic partnership with BITKRAFT Ventures, who are the leading gaming investors globally. We believe that the combination of BITKRAFT’s deep gaming expertise with Delphi’s renowned crypto economic competence will be a compelling value proposition for prospective portfolio companies. Having already established early momentum in the crypto x gaming sector, we are eager for the coming chapter alongside such a prestigious game investor. This latest evolution firmly reinforces our belief that crypto technologies will inevitably permeate into the mainstream video game industry” said Delphi Digital CoFounder and COO, Anil Lulla.
“It is imperative that the virtual worlds of tomorrow, hosting trillions of dollars of economic activity, are characterized by the openness and credible neutrality uniquely afforded by decentralized technologies. On the path towards fulfilling BITKRAFT’s vision of synthetic reality, I believe crypto to be an integral building block for the fruition of its truest form. I am thrilled that two companies I respect deeply are working together to explore the new economic, governance, and digital ownership dynamics that are on a clear collision course with the games industry,” added Piers Kicks.
Additionally, BITKRAFT Ventures will open its investment strategy to support investments in tokens as an asset class.