Esports betting platform Unikrn has confirmed that it has been approved a Malta Gaming Authority (MGA) licence, allowing the company to service regulated European betting markets.
Unikrn will now launch new European enterprise ‘Unikrn EU’, a joint venture with France-based RBP. Securing its market entry, the Seattle-based technology firm aims to become the outright leader for esports wagering for European consumers.
Rahul Sood, CEO of Unikrn, said: “For a little over a year, Unikrn EU has been working with the Malta Gaming Authority to acquire our new license.
“Malta has some of the highest regulatory requirements and processes; they are by every measure the gold standard and one of the most respected authorities for responsible and ethical wagering.”
The firm’s pending European launch follows the conclusion of its ‘UnikoinGold; crypto token sale which has helped the firm raise +$30 million to date. Unikrn governance believes that its crypto token the ‘single most successful and widely distributed token in the esports and gaming industries’.
High profile backers of the UnikoinGold token include US tech investor Mark Cuban and Brock Pierce, plus Crypto VC’s CoinCircle, Blockchain Capital, Pantera Capital, and Draper Dragon.
Joining Unikrn European venture, Emmanuel de Rohan Chabot, CEO of Zeturf and Zebet and co-founder of RBP backed long-term plans “RBP has over 300,000 loyal registered customers, and our sites receive over a million unique visitors per month, making us (the) leader in France when it comes to online betting.
“RBP will be a strong partner to Unikrn to help bring regulated, safe, and legal esports betting in markets across Europe, and we look forward to working with their exceptional team.”