Catizen receives strategic investment from Animoca Brands to help expand Telegram Mini App ecosystem

CoinRank News: The Telegram Mini App game Catizen announced the completion of a new round of strategic investment, supported by the well-known blockchain game company Animoca Brands. Catizen is issued by Pluto Entertainment and is one of the highest-grossing game projects in the Telegram-TON ecosystem. Its innovative Play for Airdrop model is highly consistent with TONs strategy of promoting game-token-DeFi user conversion, and has successfully helped more than 40 million new users access the Web3 world. The consumption of Catizens native token CATI has also continued to rise, becoming an important indicator of ecological activity. The latest data shows that the total consumption of CATI has exceeded 30 million, an increase of 3.5 times from the fourth quarter of 2024. According to the trading platform Bybit, Catizen has more than 3.3 million on-chain users, and its game platform has a maximum daily consumption of more than 1 million CATI. Officials expect that as more games and application scenarios go online, the total consumption of CATI is expected to sprint to the goal of 200 million. According to previous news, Pluto Entertainment has also received investment support from YZi Labs, HashKey Capital, Folius Ventures, The Open Platform and other institutions. Currently, Pluto Entertainment is accelerating its transformation to the Telegram x TON ecosystem, exploring new opportunities for the integration of globalization and encryption technology, and is committed to promoting the large-scale application of blockchain technology under the Mini App business model. Catizen said that it will work with Animoca Brands, TON and global partners to continue to expand Web3 games and application scenarios, and help global users move towards the future of encryption.