According to The Block, the encrypted live streaming platform Stacked completed a $12.9 million Series A financing led by Pantera Capital, with Z Venture Capital and GFR Fund participating. The funds raised will be used for investment, marketing, content acquisition and recruitment. Foresight News noted that creators can upload game content, host live events, and chat with fans on the Stacked platform. In return, they will receive Stacked governance tokens, which correspond to their contributions as creators and allow them to earn Ownership of the Platform.