The Telegram-based iGaming platform Boxbet has completed a strategic round of financing

ChainCatcher news, according to Cryptodaily, the Telegram-based iGaming platform Boxbe has announced the completion of a strategic funding round, although the specific amount has not been disclosed. The investors include a crypto fund supporting Solana and a leading global iGaming operator, with the names of these investors to be revealed in the coming weeks.

Boxbet stated that it will enhance the online gaming experience through a series of unique features and launch a user rewards mechanism. According to information disclosed on its website, it plans to use 30% of its revenue for the purchase and destruction of native tokens on the Ethereum chain, ultimately destroying 75% of the token supply.