Auto Legends secures strategic investment from Coinbase Ventures’ Base Ecosystem Fund as Part of $9M Fundraising Round

Auto Legends, the Web3 drag racing game designed for car enthusiasts and competitive gamers, has secured a $1M strategic investment from Coinbase Ventures’ Base Ecosystem Fund, along with Operating Group, and Draper Dragon, as part of a $9M fundraising round, Auto Legends, the Web3 drag racing game built for car enthusiasts and competitive gamers, has secured a new $1M strategic investment from Coinbase Ventures’ Base Ecosystem Fund, alongside Operating Group and Draper Dragon. This investment is part of a larger $9M fundraising round, further fueling Auto Legends’ mission to deliver a high-stakes racing experience that captures the depth and passion of car culture.
With a team of industry veterans from top gaming studios and a legacy of creating hit racing franchises that have attracted over 65 million players, Auto Legends is poised to redefine Web3 gaming with a AAA-quality experience. This infusion of capital not only accelerates development but also reinforces institutional confidence in Auto Legends’ long-term vision and its ability to bridge the gap between traditional racing games and blockchain-powered ownership.
“We are proud to be supporting a team which has consistently delivered world class racing games to capture the imagination of web3 gaming, and excited for Auto Legends to accelerate its reach on Base.” said Shan Aggarwal, VP of Corporate and Business Development Ventures at Coinbase.
As part of its continued growth, Auto Legends has onboarded Scott Probin, a gaming industry veteran with over 35 years of experience in AAA game production, who will play a key role in refining gameplay, onboarding Web2 players, and strengthening the game’s player-owned economy. Probin most recently worked on Off The Grid, a high-profile Web3 shooter, and has extensive experience working on world renowned sport and racing titles, including Need for Speed Underground, Need for Speed Hot Pursuit 2, John Madden Football, and For Honor.
“Scott’s decades of experience in AAA game development, combined with his lifelong passion for cars and racing games, will help us create an authentic experience that truly resonates with racing fans and car enthusiasts,” said Peter Pham, Co-founder and CEO of Auto Legends, “we’re building a unique game that’s accessible, competitive, and rewarding for all players– both Web2 and Web3”
Beta Access and Inaugural NFT Mint
Alongside the new funding, Auto Legends is preparing for its first ever NFT mint, giving early supporters a chance to own exclusive in-game cars ahead of launch. The mint will introduce limited-edition digital collectibles that players can use in the game’s competitive ecosystem.
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