On November 23, news broke that the blockchain-based iGaming platform BoxBet completed financing led by CMCC Global. CMCC is a $500 million venture capital firm supported by the Winklevoss twins and Li Ka-Shing's Horizons Ventures, which has previously funded key blockchain projects including Solana. BoxBet intends to use the new funds to expand its influence in regulated markets by obtaining licenses and scaling operations.