Telegram-based iGaming platform Boxbet completes strategic round of financing

Telegram-based iGaming platform Boxbe announced that it has completed a strategic round of financing for an undisclosed amount. Boxbet said that investors include the crypto fund backing Solana and a leading global iGaming operator. The names of these investors will be made public in the coming weeks. Boxbet said it will enhance the online gaming experience through a series of unique features and launch a user reward mechanism. According to its website disclosure, it will use 30% of its revenue for the purchase and destruction of native tokens on the Ethereum chain, and eventually destroy 75% of the token supply.