ABO Digital commits US$10m funding to gamified asset marketplace Blocktrade

ABO Digital commits US$10m funding to gamified asset marketplace Blocktrade

Crypto trading platform Blocktrade secures a $10 million potential investment from ABO Digital as a strategic financing partner for its utility token BTEX, the company announced.

The platform is a pioneering gamified crypto trading platform that combines blockchain technology and gamification principles to provide a seamless and immersive trading experience for digital assets.

The financing commitment from ABO Digital brings added value to the gamified users on Blocktrade’s platform, allowing them to explore exciting new product launches and enhanced features.

The investment will fuel the development of cutting-edge technologies, providing users with a richer and more immersive experience within the gamified asset marketplace. Additionally, the financing commitment will enable Blocktrade to expand its user base, attract top-tier game developers, and foster strategic partnerships that will further elevate the platform’s offerings, according to the company.

‘‘Our partnership with ABO represents a paradigm shift in the digital asset industry. We take great pride in being at the forefront of innovation, not only in terms of product and strategy but also from an institutional financing perspective. This collaboration marks a significant milestone in our journey,” said Blocktrade CEO Christian Niedermueller.

“We are excited to support Blocktrade in their mission to redefine the gamified asset marketplace following the launch of the BTEX token,” said Amine Nedjai, CEO of ABO Digital.

“The financing commitment not only demonstrates our confidence in Blocktrade’s vision and potential but also highlights our commitment to driving innovation in the digital asset space. By partnering with Blocktrade, we aim to empower users, provide them with new opportunities, and revolutionize the way they engage with and derive value from their gamified assets,” Nedjai added.

As part of the Alpha Blue Ocean group, which has executed more than $2  billion  in financing commitments for publicly listed companies across the globe since its inception in 2017, ABO Digital brings institutional-grade expertise and flexible financing solutions for blockchain developers worldwide.

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