Forte provides a platform for developers to incorporate technologies such as wallets, NFT minting and trading, payment rails, and cross-chain interoperability to incorporate blockchain-based token economics and other features in video games. The platform also has built-in compliance capabilities such as anti-money laundering, intellectual property protection, and tax planning.
In January 2022, Forte acquired the technology platform and associated staff of mobile gaming studio N3TWORK for an undisclosed sum. Through the acquisition of the platform, Forte planned to build a scalable platform to accelerate the development of blockchain games. Furthermore, as part of the transaction, N3TWORK’s newly established games team–N3TWORK Studios, will utilize Forte’s blockchain solutions to develop its own web3 titles such as Legendary Heroes Unchained and Triumph.
Forte participated in a USD 150 million web3 fund launched by Solana Ventures (the capital arm of Solana Labs ) in December 2021. The fund was mainly set up to assist Web3 game developers.
Key customers and partnerships
In December 2021, Forte and mobile game developer–Zynga, announced a new partnership, where the latter aimed to develop Web3 games based on its intellectual property using Forte’s platform. As of January 2022, Forte reported it had partnered with over 40 game developers to build Web3 games.
Forte also formed a partnership with SuperLayer, a startup venture studio, to fund incubated companies and branch out to other Web3 verticals. The company will also serve as SuperLayer's preferred crypto payment and liquidity services provider for projects.
Funding and financials
In November 2021, Forte raised USD 725 million in a Series B funding round co-led by Sea Capital and Kora Management. The company planned to channel the funds toward developing its platform and expedite the onboarding of new game and content publishers.
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