Crypto Gambling Platform Raises $15M From Investors

Posted on: December 27, 2024, 05:37h. 

Last updated on: December 27, 2024, 08:48h.

Ed Silverstein @casinoorgedsilv Read More
Expertise: Legal, Tribal Gaming.

Winna.com announced this week it’s been given $15M in seed funding for the recently launched cryptocurrency gaming platform. The company didn’t identify the investors who are funding the company in its early stages.

Winna.com
The Winna.com homepage, pictured above. The company raised $15M in seed funding. (Image: Winna.com)

But it did reveal that the new money will let the company provide more offerings, especially when it comes to player-versus-player games. The new funds also will allow for quicker growth.

We aim to develop more innovative crypto games that continue to deliver an industry-low house edge of just 1%,” Paul Martens, CEO and co-founder of Winna.com, said in a recent company statement.

Winna.com offerings include such games as mines, plinko, roulette, blackjack, keno, and dice. Winna.com also offers slot games, live casino games, and offerings from providers such as Pragmatic Play, Hacksaw Gaming, and Evolution.

In addition, Winna.com provides a crypto sportsbook that includes games from the NFL, NBA, UFC, MLB, and the Premier League.

Winna.com began operations over the summer. It already has some 10K players, with corporate offices in Costa Rica and Switzerland.

The new funding comes as crypto and Bitcoin online gambling sites are gaining in popularity, Martens said.

More and more players are recognizing the significant advantages that crypto and Bitcoin casinos offer over traditional online platforms,” Martens added in the statement. “Privacy and the ability to gamble anonymously are key drivers for this shift.”

On December 17, Bitcoin hit a record high of $108,316. In more recent days the price has gotten lower and, as of Friday morning, it was trading at $96,200 in London, Bloomberg News reported.

VIP Program

Winna.com additionally features a VIP program.

“Our VIP program is a cornerstone of our identity,” Elias Platzer, the company’s head of player development, said.

“We’re committed to offering the most rewarding experience, with unmatched bonuses and rewards through our rakeback program,” he added. Rakeback provides rewards to players.

“We are set to transform the online gaming experience by developing unique games, delivering a one-of-a-kind VIP program, and setting new standards for trust and transparency in the industry,” Martens said.

Company Focuses on Transparency

The Winna.com offerings also allow for fair and transparent gambling, Martens added.

Provably fair games give players a unique opportunity to gamble with confidence, knowing the outcomes are not only fair, but also verifiable by anyone,” he said.

“Trust is at the core of our brand. Players know they’ll receive their winnings within seconds, and every game round is fair and verifiable. We prioritize our users’ privacy and avoid unnecessary procedures that are common with some of our competitors.”