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Home»Regulation»Auto Legends Secures $1M Investment from Coinbase Ventures’ Base Ecosystem Fund
Regulation

Auto Legends Secures $1M Investment from Coinbase Ventures’ Base Ecosystem Fund

NBTCBy NBTC11/03/2025No Comments2 Mins Read
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Auto Legends, the Web3 drag racing game designed for car enthusiasts and competitive gamers, has secured a $1 million strategic investment from Coinbase Ventures’ Base Ecosystem Fund, alongside Operating Group and Draper Dragon. This investment is part of a $9 million fundraising round, reinforcing confidence in Auto Legends’ vision to redefine Web3 racing with high-octane competition and digital ownership.

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Bringing AAA Racing to Web3

Backed by a team of industry veterans who have crafted racing games for over 65 million players, Auto Legends is merging AAA gaming quality with blockchain-powered ownership. The fresh funding will accelerate development, enhance gameplay, and expand player engagement.
“We are proud to support a team that has consistently delivered world-class racing games. Auto Legends is well-positioned to accelerate its reach on Base and bring a new level of excitement to Web3 gaming.”

Shan Aggarwal, VP of Corporate & Business Development at Coinbase Ventures
Industry Veteran Scott Probin Joins the Team

Auto Legends has also added Scott Probin, a gaming veteran with 35+ years of experience, to help shape gameplay, onboard Web2 players, and refine the player-owned economy.

Probin has worked on legendary racing and sports titles, including Need for Speed Underground, Need for Speed Hot Pursuit 2, John Madden Football, and For Honor. His expertise will be pivotal in ensuring a seamless and engaging experience for both traditional and blockchain gamers.
“Scott’s deep knowledge of AAA game development and passion for cars will help us create an authentic, competitive, and rewarding experience for all players—Web2 and Web3 alike.”

Peter Pham, Co-founder & CEO of Auto Legends
In addition to its funding momentum, Auto Legends is launching its first-ever NFT mint, giving early supporters a chance to own exclusive in-game cars ahead of the official release. These limited-edition digital collectibles will play a key role in the game’s competitive ecosystem.

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About Auto Legends

Auto Legends is a Web3 drag racing game where players collect, customize, and compete with officially licensed cars, leveraging blockchain for digital ownership. Built by the creators of Car Town and Racing Rivals, the game brings authentic car culture and high-stakes racing to a new era of gamers. Stay connected: Join Discord

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