Today, Los Angeles-based CARV announced it has raised a $4 million seed round led by Temasek’s venture capital subsidiary Vertex. CARV is a blockchain company that creates a cross blockchain gaming token that allows players to aggregate their gaming data across numerous web3 games. Imagine a gaming leaderboard that isn’t limited to just one game.

“Player activities span across devices, platforms, and in real life. However, their time, effort and money spent remain scattered data points in isolated ecosystems, with limited value to players,” said Victor Yu, CARV Co-Founder and COO. “By creating the infrastructure to bring these breadcrumbs together, we are unlocking tremendous opportunities in the way players interact in the gaming universe.”

So far, CARV has collaborated with more than 30 web3 games on 11 blockchains. The product is still in the alpha phase, so much of the functionality of the website is not yet active.

“Believing that gaming will be the most important segment to engage traditional and enthusiast users in the web3 world, we are very optimistic about the future web3 gaming market,” said LI Wei, partner at Vertex. “In addition to game studios, we focus on the infrastructure of web3 games, particularly game identity platforms.”

Today’s news comes after Temasek noted down his recent $275 million investment in failed cryptocurrency exchange FTX. Vertex invested in Binance in 2018, but exited the investment late last year, shortly before Binance withdrew its Singapore license application.

In keeping with the latest Vertex investment, Temasek’s other web3 investments indicate a strong belief in web3 gaming and the metaverse. He led the funding for ImmutableX, the blockchain scaling solution known for games like Gods Unchained. And he’s one of the highest-profile investors in Animoca Brands, the metaverse conglomerate.

Meanwhile, other CARV participants in the seed round include EVOS (ATTN Group), SNACKCLUB (Loud Gaming), Infinity Ventures Crypto, YGG SEA, UpHonest Capital, Lyrik Ventures, Lintentry Foundation, PAKADAO, 7UpDAO, Angel Investor Aliaksandr Hadzilin (contributor of NEAR). founder) and others.