PANews
PANews|Mar 26, 2026 15:22
[Luxury Watch Lottery Platform watch.fun Raises $8.6 Million, Led by Crypto.com Capital and Solana Ventures] According to Tech in Asia, the luxury watch lottery platform watch.fun has raised $8.6 million in funding, led by Crypto.com Capital and Solana Ventures, with participation from Spartan Capital, Animoca Brands, and others. watch.fun is built on Solana and focuses on weekly watch lotteries, offering tickets starting at $19 for a chance to win models like the Rolex Daytona, Audemars Piguet Royal Oak, and Patek Philippe Nautilus. Each lottery is verifiable on-chain and 'provably fair.' Watches are sourced, authenticated, and shipped by partner Wristcheck. The new funds will be used for product development, expanding the 'drop' catalog, obtaining compliance and licenses, global business expansion, and team growth. The platform also plans to introduce features such as membership tiers and referral rebates.
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