According to ChainCatcher, according to Cryptodaily, the Telegram-based iGaming platform Boxbet announced that it has completed a strategic round of financing, but the specific amount has not been disclosed. Investors include a crypto fund that supports Solana and a global leading iGaming operator. The names of these investors will be made public in the coming weeks.

Boxbet said that it will enhance the online gaming experience through a series of unique features and launch a user reward mechanism. According to information disclosed on its website, 30% of its revenue will be used to purchase and destroy native tokens on the Ethereum chain, and eventually 75% of the token supply will be destroyed.