London, United Kingdom, 2023 July 6, Chainwire
- Veloce Media Group has introduced that GEM Digital Restricted has dedicated to speculate 50 million.
- Gem Digital Ltd is the world’s main digital asset funding firm
Following the announcement of Veloce Media Group’s evolution to Web3, the launch of a brand new blockchain instrument and management token VEXT, it was introduced right this moment that GEM Digital Ltd will make investments as much as $50 million within the group. .
Consisting of industry-leading gaming and racing platform Veloce Esports and race-winning Excessive E outfit Veloce Racing, Veloce has attracted greater than 35 million subscribers, practically one billion month-to-month views throughout a number of digital platforms, together with YouTube and Twitch and tens of millions of social networks. media following to turn out to be the world’s largest racing recreation media community.
The London-based group additionally manages the esports and gaming groups and types of among the {industry}’s most influential names, together with Mercedes AMG, Ferrari, McLaren, Yas Warmth, alongside Lando Norris – Quadrant – and creates a profitable sub-brand of the three way partnership. continually competing and profitable with Veloce Elites.
With the implementation of VEXT within the coming weeks, Veloce will turn out to be one of many main decentralized gaming and sports activities media organizations; offering actual advantages to token holders via varied video games integrating VEXT and tangible affect, advantages and rewards throughout Veloce Media Group’s belongings.
The partnership with GEM Digital has all of the makings of an ideal “assembly of the minds” because the funding agency seeks to extend its stake within the fast-moving world of sourcing, structuring and investing in utility tokens in related and rising industries.
“It is a very thrilling deal,” mentioned Daniel Bailey, Veloce Chief Business Officer and CEO of Veloce Racing, “It comes very quickly after the announcement of VEXT and our plans to rework our media and sports activities group into this really modern house; confirmed Veloce’s place as an {industry} pioneer.
“GEM’s dedication will permit us to give attention to development and growth by buying extra gaming and real-life racing properties, which can in the end deliver much more VEXT advantages and affect to our large neighborhood.”
GEM Digital’s funding has discovered a pure dwelling that displays its ambitions to work with a various vary of organizations whereas driving enterprise in rising markets, supporting sustainable and inclusive ambitions via enterprise. The funding guarantees mutual long-term alternatives.
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About Veloce Media Group.
in 2018 based Veloce is a multi-pillar video games and sports activities media group working in among the UK’s most modern, fastest-growing and forward-looking sectors.
Headquartered in London, the Veloce model consists of the industry-leading gaming and racing platform Veloce Esports and the race-winning outfit Veloce Racing, at present competing within the famend Excessive E Championship.
Because the world’s largest digital racing media community, Veloce has thus far attracted greater than 35 million subscribers and practically one billion views monthly, with a give attention to esports, gaming, devoted motorsports and Web3.
Veloce has partnered with numerous high-profile groups from all over the world working quite a few gaming and esports groups, together with Mercedes AMG, Ferrari and Yas Warmth. The JV’s well-established sub-brands, together with Lando Norris’ gaming and life-style model Quadrant, are one other key facet of Veloce’s huge international community.
To study extra, go to: https://www.velocemediagroup.com/
About GEM Digital Restricted
GEM Digital Restricted is a digital asset funding firm. Based mostly within the Bahamas, the corporate actively collects, develops and invests in utility tokens listed on greater than 30 CEXs and DEXs worldwide.
World Rising Markets (GEM) is a $3.4 billion different funding group with workplaces in Paris, New York and the Bahamas. GEM manages a various portfolio of funding autos centered on rising markets and has accomplished greater than 530 transactions in 72 nations. Every funding automobile has a special diploma of operational management, risk-adjusted return and liquidity profile. The household of funds and funding autos offers GEM and its companions with entry to: small- and mid-cap administration buyouts, non-public fairness investments and sure enterprise investments.
Contacts
Veloce Media Group CEO Rupert Svendsen-Prepare dinner (electronic mail protected)
Digital Advertising and marketing Supervisor, Louis Broomfield, Veloce Media Group, (electronic mail protected)
