Sports metaverse platform Bitball announced the completion of a $5 million Series A round of financing, led by IntelligentCricket and Neon Eight Group. The funds will be used to expand its AI-driven sports game ecosystem and develop a 3D cricket game based on real-time sports data, which is expected to be launched in Q2 2025. Since its launch in December 2023, Bitball has attracted more than 5 million users, becoming the leader in Arbitrum's active wallet rankings, and plans to hold the BALL token generation event (TGE) in Q4 2024.