PANews reported on November 15 that according to official news, the sports metaverse platform Bitball announced the completion of a US$5 million Series A financing round, led by IntelligentCricket and Neon Eight Group, bringing the total financing amount to US$7 million.

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 the second quarter of 2025. Bitball has attracted more than 5 million users since its launch in December 2023. It plans to hold a BALL token generation event (TGE) in the fourth quarter of 2024.