Turkish mobile game developer Manc Games secured a USD 50 million investment from GEM Digital Limited, a digital asset investment company.
Manc Games CEO and Founder Halit Emre Aydın emphasized his business was on a fast-growth trajectory, poised to achieve over 25 million downloads by the end of next year. “This commitment from GEM Digital will push Manc a step closer to becoming a global gaming company. Not just in the mobile game app industry, but in the game ecosystem as well," Aydin said.
The gaming software house is retrofitting its games to Web3 and metaverse and adding into the bargain its Mancium, a utility token valid across its full spectrum of Manc Games titles. With over 10,000 holders and counting, Mancium seems to represent a next-generation public blockchain solution.
Global Emerging Markets (GEM) is a USD 3.4 billion alternative investment group that manages a diverse set of investment vehicles focused on emerging markets across the world.
GEM's investment vehicles provide the group and its investors with a diversified portfolio of asset classes that span the global private investing spectrum.