Energi: Receives $50M Investment Commitment from GEM

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Energi Receives $50M Investment Commitment from GEM

  • Energi, a British Virgin Islands, BVI-based security-focused blockchain company, raised $50M in funding
  • The round was led by GEM Digital Limited, a digital asset investment firm
  • Based in The Bahamas, the firm actively sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally
  • The company is currently focused on launching their own NFT marketplace, which will be a major competitor to the likes of Opensea
  • The company has since then built technical infrastructure including innovative security protocols which disable criminal behavior, as well as multi-layer scalability
  • The company is available on major exchanges such as KuCoin, Energswap, and Uniswap
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