Singapore-based Web3 entertainment platform provider Matr1x has secured an investment from OKX Ventures, with the amount remaining undisclosed. The funds will be used to expand the company's operations and business reach. Matr1x is currently developing Matr1x Fire, a first-person shooter game with a 'battle-royale' mode that will feature classic Web3 elements such as NFTs, and will be available on mobile and desktop. The game's story revolves around a conflict between data cartels and a decentralized resistance, and the company has raised approximately $20 million from various venture capital firms.

Matr1x, a Singaporean NFT gaming company, has secured an additional $10 million in funding, bringing its total capital value to $20 million. The funding round was led by Folius Ventures and SevenX, with participation from ABCDE Capital, Jambo, Initiate Capital, and the creators of the move-to-earn NFT game Stepn. Matr1x's flagship product is a first-person shooter mobile game called Matr1x Fire, which is still in development, and the company has also released two NFT projects with plans for a third collection. With this new funding, Matr1x is poised for a breakthrough in the gaming and NFT industries.