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Mobile Premier League To Get Funding From FTX?

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As per the latest news reports, Mobile Premier League (MPL) is all set to get funding from FTX which would put the online gaming company’s valuation at USD 2.5 billion. MPL is a Bangalore-based online gaming brand which offers verticals like fantasy sports, esports, online rummy and online poker.

The news reports state that MPL is in talks with several firms across the world. FTX, which is a cryptocurrency brand, is also reportedly in talks with MPL. The cryptocurrency exchange brand is based out of Nassau, the capital city of Bahamas.

MPL currently offers over 60 games on its platform and since the IPL season is underway, players can win big with its fantasy sports vertical. As per media reports, MPL told its investors that the brand is looking to venture into ‘play to earn’ Non Fungible Tokens (NFT) games.

News reports state that with the latest round of funding, MPL could make a grand entry into the sphere of play to earn games.

In September 2021, MPL had reportedly raised USD 150 million. MPL pre-funding valuation stood at USD 2.3 billion. This also made MPL the second unicorn in the online gaming space. MPL also has operations outside India. The online gaming brand launched operations in the United States and also hit the two year mark in Indonesia. News reports state that MPL has over 85 million users across the globe and will only grow further. The online gaming brand has brought former Indian Captain Virat Kohli on board as brand ambassador.

Media reports on MPL state that the online gaming firm is looking to find the right investors to raise funds. This will take the online gaming brand’s valuation at USD 2.5 billion which would indeed be a milestone for MPL.

Talking about the promotions on MPL there’s a lot happening on this online gaming platform. The brand launched a massive promotion called the Great Indian Gaming League (GIGL) worth INR 2,000 Crore. Yes you read that right. With this promotion, MPL Poker offers INR 12 Crore in GTD for poker players to win big from. If you are a seasoned player the MPL Poker’s GIGL is the place to be. Players can pull up their socks and grind hard in MPL Poker’s latest promotion.

You can read our article on MPL Poker’s GIGL here.

GIGL offers players an opportunity to grab impressive sums of money from a weekly prize pool of INR 200 Crore. This brilliant promotion by MPL kick-started on 24th March and will run till 29th May. There is poker, rummy, fantasy sports, callbreak, ludo, carrom and many other enticing online games which will help you win big this season.

#1. MPL Poker
For all the poker fanatics out there, this is your chance to grab truck loads of money by just grinding hard. With a INR 12 Crore guarantee only a fool will stay away from this stupendous promotion. The INR 12 Crore guarantee means 200X returns on your investment. Could there be a better time to play poker online? We don’t think so.

Must Read: MPL(Mobile Premier League) Poker: Promotions You Cannot Miss

#2. Vegas Dream
For those who love grinding in the mecca of poker, you must sign up on MPL Poker to fight for a trip to Las Vegas. The best part is that Vegas Dream is a leaderboard promotion and the top 10 players on the Vegas Dream leaderboard will grab a free trip to Las
Vegas. Now that sounds like a bumper deal.

Folks there is a lot on offer from MPL’s side. If you are an online gaming fanatic then you must sign up on this online gaming platform. If you are a pro or a seasoned player then this is your chance to shine on the virtual felts of MPL Poker. With INR 2,000 Crore prize pool any online gamer will take a shot at the impressive guarantees on offer. Make sure you are one of them.

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