According to online reports, blockchain gaming platform Ultra announced that it has completed a new round of financing of US$12 million. Luxembourg-based NOIA Capital participated through its digital asset fund. In addition, the company also announced the appointment of Maxime van Steenberghe, former partner of Circle Strategies, as chief operating officer. The new funds will be used to support its blockchain-based construction of a game distribution platform similar to Stream, and will also recruit talents, expand and upgrade the platform, and make strategic acquisitions.