The investors include Evolve Capital Management; Asdew Acquisitions; and Jin Xin Wealth Management.
See: Vividthree Holdings 'exploring opportunities' in blockchain gaming sector
Andy Chi, partner and CEO of Evolve Capital Management says this investment in Vividthree is in line with his firm’s investment mandate.
“The evolving and robust growth dynamics of the overall NFT ecosystem presents a number of tangible, synergistic opportunities which Vividthree will be well-positioned to capitalize on,” he adds.
See also: Sanli Environmental raises $4 million from placement, wins $105.3 million contract
“The capital contribution provides us with an improved agility to capitalise on the numerous growth opportunities in front of us, such as the NFTs market, as well as to help strengthen the investments in the organic development of the company,” says Charles Yeo, Vividthree’s managing director.
Last month, Vividthree said it was in “preliminary discussions” with parties including GammaR, described as “a unique platform that helps NonFungible Tokens (NFT) game developers bring their innovations to market.”
