UK, London, sixth July 2023, Chainwire

• Veloce Media Group Pronounces Main Funding Dedication of $50 Million from GEM Digital Restricted Important Funding to Drive Veloce Media Group’s Progress
• Gem Digital Ltd is the world’s main digital asset funding agency

Following the announcement of Veloce Media Group’s evolution to Web3 with the launch of a brand new blockchain utility and governance token, VEXT, GEM Digital Ltd right now introduced that it’s going to make investments as much as $50 million within the group by a structured token subscription settlement. has been introduced. .

Veloce is comprised of industry-leading gaming and racing platform Veloce Esports and race-winning Excessive E collective Veloce Racing, with 3,500+ movies throughout a number of digital platforms, together with YouTube and Twitch, and tens of millions of social platforms. It has over 10,000 subscribers and practically 1 billion views each month. Develop your media following and goal to grow to be the world’s largest racing recreation media community.

The London-based group additionally runs esports and gaming groups and types from a few of the {industry}’s most influential firms, together with Mercedes-AMG, Ferrari, McLaren and Yas Warmth, in addition to a three way partnership subsidiary with Lando Norris. The model (quadrant) can also be established and profitable. Regularly competing and profitable towards the Veloce Elites.

With the introduction of VEXT within the coming weeks, Veloce will set up itself as a number one decentralized gaming and sports activities media group. It supplies actual utility to token holders by a wide range of video games that combine VEXT with tangible affect, income and rewards throughout all Veloce Media Group property.

Partnering with GEM Digital is the proper ‘assembly of hearts’ because the funding agency strikes to broaden its stake within the quickly altering world of sourcing, constructing and investing in utility tokens in related development industries. displaying each signal that it’s.

“It is a very thrilling deal,” stated Daniel Bailey, Veloce Chief Industrial Officer and Veloce Racing CEO. This proved his Veloce standing as an {industry} pioneer.

“Our dedication to GEM will permit us to deal with development and enlargement by the acquisition of extra in-game and real-world racing amenities, in the end rising the usefulness and impression of VEXT to our huge neighborhood.” can do.”

For GEM Digital, this funding finds a pure dwelling that displays the corporate’s ambition to work with various organizations whereas selling enterprise in rising markets and supporting sustainable and inclusive ambitions by its enterprise. rice subject. This funding guarantees mutual long-term alternatives.

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About Veloce Media Group

Based in 2018, Veloce is a multi-pronged gaming and sports activities media group working in one of many UK’s most modern, quickest rising and forward-looking sectors.

Headquartered in London, the Veloce model contains Veloce Esports, an industry-leading gaming and racing platform, and Veloce Racing, a race-winning group at the moment competing within the prestigious Excessive E Championship.

Veloce, the world’s largest digital racing media community, targeted on esports, gaming, purpose-driven motorsport and Web3, has over 35 million subscribers and practically 1 billion month-to-month views so far. I used to be.

Veloce has partnered with many notable groups around the globe, together with Mercedes AMG, Ferrari and Yas Warmth, which function a number of gaming and esports groups. Lando Norris’ well-established JV sub-brands, together with gaming and life-style model Quadrant, represent one other essential facet of Veloce’s huge world community.

For extra data, please 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 raises, builds and invests in utility tokens listed on over 30 CEXs and DEXs worldwide.

World Rising Markets (“GEM”) is a $3.4 billion various funding group based mostly in Paris, New York and the Bahamas. GEM manages a various portfolio of funding automobiles with a deal with rising markets, having accomplished over 530 transactions in 72 international locations. Every funding car has a distinct diploma of operational management, risk-adjusted returns, and liquidity profile. This suite of funds and funding automobiles supplies GEM and its companions with publicity to administration acquisitions of small and mid-cap firms, personal placement investments in public fairness, and choose enterprise investments.

contact deal with

Rupert Svendsen-Cook dinner, CEO, Veloce Media Group (e mail protected)
Louis Broomfield, Head of Digital Advertising, Veloce Media Group (e mail protected)