- Pomerium has raised $20 million from an undisclosed investor.
- The web3 gaming studio said it will use the fresh capital to expand its portfolio of blockchain-based games.
- The company also announced the listing of its gaming ecosystem token $PMG on Bitget.
Pomerium has received a $20 million investment from an undisclosed investor. The Singapore-based web3 gaming studio said it will use the fresh capital to revamp its blockchain games portfolio.
In a press statement published Thursday, Pomerium CEO Jaehan Kim said: “[The huge investment] demonstrates a strong belief in our team, our vision, and the potential of blockchain-based gaming to revolutionise the gaming industry. With this investment, we can accelerate our development, attract top talent, and bring new and exciting games to our users.”
Founded in 2022, the company has built its business around the rapidly growing blockchain market with a view of investing in the most innovative projects.
“We are proud of the progress we have made so far, and we are excited about the opportunities ahead. Our mission is to create the best Web3 gaming experiences for our users, and this investment will help us achieve that,” added Kim.
Pomerium’s ecosystem is powered by the Pomerium Ecosystem Token $PMG. Alongside the funding announcement, the company revealed the $PMG token had now been listed on the Singapore-based crypto exchange platform Bitget.
Bitget recently launched a $100 million web3 fund to expand its ecosystem beyond derivatives assets. The fund is targeting Asian companies as it seeks to accelerate the transition from web2 to web3.
Pomerium said the listing of the $PMG token on Bitget will help it expand its network in the web3 gaming market.
“Pomerium’s selection for listing on Bitget underscores the platform’s strong reputation and potential for growth. It marks a significant milestone for Pomerium as it seeks to expand its influence in the fast-growing blockchain gaming industry,” the company wrote in a press statement.
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