Monkey Tilt Raises $30 Million in Funding

Monkey Tilt, a crypto casino platform founded by Sam Kiki, has successfully raised $30 million in a Series A funding round led by Pantera Capital, bringing its total funding to over $50 million. The platform aims to redefine online gambling by combining traditional casino experiences with modern social features, allowing users to bet in various cryptocurrencies. Monkey Tilt has already generated a monthly betting volume of $200 million since its soft launch in March 2023 and plans to introduce a new crypto-gamified product in Q1 2025. Kiki envisions building a recognizable brand through partnerships with celebrities and influencers, enhancing the social aspect of online gambling. The platform includes a chat function for player interaction and aims to create an immersive gaming environment. Investors are optimistic about Monkey Tilt's potential to make significant strides in the online casino market.