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‘Fortnite’ Maker Epic Games Valued at Nearly $32 Billion in Funding Round



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The rise of play-to-earn videogames—through which players commerce NFTs—affords a glimpse into how the metaverse might entice customers with financial rewards, and what pushbacks might include it. Picture illustration: Josephine Chu

“Fortnite” creator Epic Video games Inc. is now valued at $31.5 billion after elevating extra capital from current investor Sony Group Corp. and Kirkbi A/S, the holding firm of the Kirk Kristiansen household.

Epic stated Monday that Sony and Kirkbi each invested $1 billion in its newest spherical of funding.