NFT P2E: Axie Infinity Looks to Raise $150 Million in Series B Funding Round Led by a16z

Axie Infinity ($AXS), a play-to-earn (P2E) NFT game has shot put in popularity amid NFT frenzy, so much so that its token price has surged over 300% in the last month itself. The founders of the NFT game are now looking to raise nearly $150 million in a Series B funding round that could put its overall valuation above $3 billion making it one of the most valuable gaming companies today.