Sky Mavis re-opens the Ronin Bridge after it fell victim to a ~$540m hack in March.

Having already established itself as a major player in the blockchain gaming world, Andreessen Horowitz continues to be one of the big investors in up-and-coming web 3 projects.

According to the announcement from Binance, the funding round aims, not only to help Sky Mavis recoup some of its losses due to the Ronin bridge but also to further develop a more secure infrastructure.