Scorefam is excited to announce its latest partnership with Bahamas-based investment firm GEM Digital Limited, a set of investment vehicles focused on emerging markets across the world. This funding commitment will allow Scorefam to expand its reach, build more innovative features and continue to acquire highly qualified personnel.
This partnership is a huge step for Scorefam as they have secured a capital commitment of up to $25 million from GEM. The funding is expected to help provide the financial flexibility to help execute our strategic development plans. These plans include driving towards launching two additional planned features namely the Flexible and Multiflex Gaming, continuing to enhance our current flagship feature – Locked gaming, commencing work on the Scorefam NFT and NFT marketplace, and executing several other exclusive sub-projects.
Additionally, with the committed capital, Scorefam aims to continue in our acquisition of unique exceptional talent from across the globe. We intend to create a space for the adoption of cryptocurrency around the world through sports gaming. By providing a space for earning passively from the world’s greatest pastime, we believe that the developments the capital will facilitate will prove to be extremely lucrative and beneficial for crypto onboarding.
Scorefam COO and Co-founder, Sofowora Babasola had this to say about the partnership, “this partnership is an important milestone in the future growth of the company. The funds will help us in actualizing our mission to merge the crypto and sports gaming worlds by providing monetary benefits to sports lovers far and wide. We are truly excited and eager for everyone to be a part of what happens next.”
“A tireless mind, unwavering resolve, and a result-oriented approach are the pillars that hold up our organization. It is for this reason that I am glad to reach this milestone with our remarkable team and a revered organization like GEM. This funding is the first step to reaching our goals, surpassing them, and discovering new exciting ideas along the way. With a team like ours backed like GEM, we’re certain to face every challenge head-on and come out victorious” CEO and founder Simisoluwa Adeyemo.
About GEM Digital Limited
GEM Digital Limited is 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. Global Emerging Markets (“GEM”) is a $3.4 billion alternative investment group based in Paris, New York, and the Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 530 transactions in 70 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity pool. The family of funds and investment vehicles provides GEM and its partners with exposure to Small-Mid Cap Management Buyouts, Private Investments in Public Equities (PIPEs), and select venture investments.
About Scorefam
Scorefam is set up to innovate the way we use blockchain technology in gaming, by creating a bridge between the crypto sphere and the world of football. Our mission is to bridge the gap between the crypto world and the world of sports. We are an earning space for crypto and sports lovers. The platform connects sports lovers to a plethora of benefits that decentralization provides including a degree of anonymity and total ownership over the game assets, safe and secure transactions, and lost more. Scorefam’s existing ecosystem makes it easy to stake on football matches with its growing network.
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