According to Odaily, Pixion Games, the studio behind the Web3 action role-playing game Fableborne, has successfully raised $12.4 million in its latest funding round. The round was led by Delphi Ventures, with participation from Animoca Brands, Yield Guild Games (YGG), and Sky Mavis, the creators of Axie Infinity. This funding is intended to support the launch of the POWER token later this year. Fableborne is a free-to-play Web3 action RPG built on the Ronin blockchain and is currently in its first season of development.