Yeet Raises $7.75 Million to Build 'Crypto's Casino'

cryptonews.net 18/03/2025 - 16:48 PM

Yeet.com: A New Crypto Casino and Sportsbook

Yeet.com, a new crypto casino and sportsbook, has raised $7.75 million in a funding round led by Dragonfly, with notable participation from angel investors like Luca Netz and Bryan Pellegrino.

Founded by crypto personalities Michael Anderson, Keyboard Monkey, and poker player Ben Lamb, the platform aims to connect with crypto natives due to the founders’ reputation in the space. (Disclaimer: Anderson is an investor in DASTAN, Decrypt’s parent company.)

“Yeet’s tagline is Crypto’s Casino—built by crypto people, for crypto people,” said Anderson, also known as Mando. “We use crypto as payment rails, but our brand, team, and games are ingrained in crypto culture.”

The platform will feature traditional games like blackjack and roulette, as well as unique crypto-focused games mimicking NFT minting, meme coin trading, and DeFi experiences. It will initially focus on high-stakes gambling rather than on-chain games, though future plans may incorporate provably fair games.

“Crypto users love risk,” said Keyboard Monkey. “When trading slows, we want fun, fast-paced gambling experiences that feel native to our world.” The casino will also offer access via a Telegram bot, catering to trends from meme coin trading apps.

In competing with crypto casinos like Stake, Shuffle, and Rollbit, Lamb emphasizes Yeet’s crypto-native identity. “We’re offering something they don’t. We are Crypto’s Casino.” The platform will include deals with “shitposters,” traders, and a multi-tier affiliate program.

U.S. residents won’t be eligible to play on Yeet due to regulations. Instead, it will focus on markets in Asia, Latin America, Canada, Africa, and parts of Europe, where crypto casinos are gaining popularity. Users can deposit funds across multiple Ethereum-compatible chains, Bitcoin, and Solana.




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