Other Private Equity/Strategic Investments

Blockchain co Polygon invests in Hike's Rush Gaming Universe

Business Line  

Blockchain company Polygon is investing in and supporting Hike's Rush Gaming Universe (RGU). Polygon will also be hosting RGU on its network and helping Hike build its web 3.0 presence. Its integration and investment look to further this growth by bringing RGU on-chain via the Polygon network. This will allow users to own in-game assets (represented by non-fungible tokens, or NFTs), and enable new Play to Earn & GameFi mechanics, allowing users to win more from the games they play. Hike's RGU is at present a mobile-only platform wherein gamers get to compete and win in popular Indian casual games. RGU currently has USD 50 million in winnings (Gross ARR).

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