The round was led by Lightspeed Venture Partners and FTX. The company raised over $8 million earlier this year in its seed round, also led by Lightspeed, bringing total funding to almost $30 million. Other participants in both rounds include a16z, Sequoia Capital, Pantera Capital, Jump Capital and Solana.

Faraway is a new gaming studio leveraging blockchain technology to unlock the potential for truly player-driven and decentralized game economies and is set to launch its browser-based flagship title Mini Royale: Nations as the first live multiplayer game on Solana, one of the fastest growing blockchain ecosystems.