Sky Mavis, the company behind blockchain game Axie Infinity, has closed a $150 million funding round led by Binance. The funds will be used to compensate for the losses of users affected by the attack on the Ronin sidechain.

Animoca Brands, a16z, Dialectic, Paradigm and Accel also invested in the project.

On March 29, the attacker withdrew from the Ronin sidechain “deposits from players and speculators, as well as revenue from the Axie Infinity treasury” with a total value of ~$625 million. Later, Sky Mavis promised to return the stolen funds.

The team is working with law enforcement to recover the 56,000 ETH stolen. If these efforts fail, the Axie DAO will vote on Treasury’s next steps.

To further decentralize the sidechain, the team will add up to 21 new validators over the next three months. Before the incident, there were nine that facilitated and caused the attack. critics developer studios

Access to the Ronin will be unlocked in a few weeks “after a security update and a few audits”.

Binance has added the ability to deposit and withdraw in ETH/USDC.

Sky Mavis CEO Trung Nguyen said the studio will release the Origins update on April 7. The update will improve the graphics, game design and stories.

Recall that at the end of March, the project published a new roadmap with a plan to transition to “increased decentralization”.

Previously, Sky Mavis had issued the RON management token for the Axie Infinity sidechain.