DEFY Labs announced that it has received $3,500,000 in a round of funding led by new investors, Animoca Brands Corporation Limited, OliveX Holdings Limited, The Spartan Group LLC, Investment Arm on April 7, 2022. The transaction included participation from other new investors, Polygon Studios, GameFi Ventures, Bixin Ventures, Unanimous Capital, PathDAO and Play It FWD PTE. Ltd.