FinTechFunding

Energi: Receives $50M Investment Commitment from GEM

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
Previous article
Monte Carlo: Raises $135M in Series D Funding
Next article
RobotPlusPlus: Raises US$15M in Series B Funding
Steve Sam
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.

You May Also Like

FinTech

WealthCom Secures $65M Funding Boost for Expansion

The investment aims to enhance service offerings and accelerate growth.Highlights: WealthCom raises $65 million in Series B funding.New...
FinTech

Financial Health Tools Could Unlock $5B in SME Lending

CFIT report highlights the potential of financial hygiene tools for small businesses.Highlights: CFIT report suggests financial health tools...
FinTech

Coinbase Strengthens UK Crypto Borrowing Options for Customers

Users can now borrow against their cryptocurrency holdings in the UK.Highlights: Coinbase now allows UK customers to borrow...
FinTech

Chase UK Appoints Monzo’s Malani as CEO, Strengthening Leadership Team

Former Monzo executive will lead Chase UK's growth strategy.Highlights: Chase UK appoints Monzo veteran Malani as CEO.This move...