Energi Receives $50M Investment Commitment from GEM


Energi, a British Virgin Islands, BVI-based security-focused blockchain company, raised $50M in funding.

The round was led by GEM Digital Limited, 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.

The company intends to use the funds to bolster the team behind its upcoming NFT marketplace and collections, as well as expand its other NFT-related products and services, build partnerships, and diversify its product suite.

Led by CEO Tommy Rostami, Energi is currently focused on launching their own NFT marketplace, which will be a major competitor to the likes of Opensea. Launched during the bear market of mid-2018, the company has since then built technical infrastructure including innovative security protocols which disable criminal behavior, as well as multi-layer scalability.

Energi (NRG) is available on major exchanges such as KuCoin, Energiswap, and Uniswap.