CryptoKitties, a platform allowing users to collect and breed their own digital cats built on top of the Ethereum blockchain, has raised US$12 million led by Andreessen Horowitz and Union Square Ventures. The proceeds will enable CryptoKitties, which was spun-off from its parent company, Canada-based venture studio Axiom Zen, to expand its team and to scale up its operations and user base. At the same time, Hong Kong based Animoca Brands Corporation Ltd. has reached an exclusive publishing agreement with …

Blockchain-Based CryptoKitties Raises $12M With Launch In China Planned appeared first on China Money Network.