Centurion Invest, the global ecosystem for financial and payment solutions, has announced that GEM Digital Limited (GEM), a Bahamas-based digital asset investment firm that sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally, has agreed to an investment commitment of US$25 million into the European-based company through a structured token subscription agreement.
Latest Fintech News: Inszone Insurance Services Completes Acquisition of Donna Ledwick Insurance Services
Centurion Invest has secured $25M inthe form of an Investment Commitment from GEM Digital Limited, through its $CIX Token. $CIX is an ERC20 deflationary token which powers the overall CIEx ecosystem, with utilities and benefits across payments, financial services, loyalty rewards, referral bonuses, airdrops, staking, trading and fees reductions, priority launchpad access, cashbacks, merchant rebates, Visa crypto debit card, to name just a few.
Latest Fintech News: Aevi Selects OvationCXM to Transform Digital Payment Customer Experience
This funding round will allow Centurion Invest to execute its global expansion plans by enhancing the products, services and invest in developing Web3 ecosystem, crypto and digital assets mass adoption to B2C and B2B users worldwide. The company will allocate a fair amount of the funding in onboarding industry experts and skilled talent in Europe, North America and strategic locations in southeast Asia.
This news comes also while Centurion is in the final stages of securing an acquisition to add other investment instruments such as Forex and Stocks, while pursuing its commitment to enhance the User Experience across all products and aligning its core vision to accelerate the transition from money to digital and financial inclusion.
Latest Fintech News: Empower Launches Personal Wealth Division With Digital-First Planning Experience to Help Americans Achieve Financial Freedom
[To share your insights with us, please write to sghosh@martechseries.com]