Previously known as Radio Caca, RACA has managed to successfully raise an astounding $30 million in strategic investment funding that will help them in expanding their own blockchain gaming ecosystem.

According to the official announcement, the round took place last month, and included the following strategic investors, most of which have been left unnamed: market maker and Web3 investment firm DWF Labs, one gaming guild from Malaysia, an industry leader in AI listed on the Hong Kong Stock Exchange, and more. Next to strategic investors, the team has also thanked seed investors OKX Ventures and startup accelerator Tachyon for their support. More than half of the latest investment comes from DWF Labs, who have reportedly invested $16 million in helping with the growth of this ecosystem, with the investor supposedly receiving some amount of $RACA tokens.

RACA initially started off as a bidding token in 2021 for Maye Musk NFTs: non-fungible tokens from Elon Musk’s mother. Since then, they’ve grown into more than a Steam-like platform, introducing their own R3 Game Infra which includes SDK and APIs, while also adding tournaments guilds, leaderboards, storage, in-game bidding & betting and more to its growing ecosystem.

So far, RACA has launched 2 different Web3 games, one of which is a 3D sandbox inspired by SimCity, while the other is a 2D Mafia/Werewolf-style game with “unique betting.” In the future, they plan to release 2D action roguelike, a 2D tower defense and a large open-world 3D RPG powered by generative AI.