June 07, 2024
Crypto Blockchain Industries, SA (“CBI”) has declared an investment of 12.5 million euros from COLOPL, Inc. (“COLOPL”), a Japanese video game publisher that is publicly traded on the Tokyo Stock Exchange. With this investment, COLOPL becomes the second largest shareholder in CBI, holding a 12.5% stake. Alongside this investment, an exclusive agreement has been signed for the publishing and distribution of the game Brilliantcrypto in Europe and South America.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
Crypto Blockchain Industries | €12.5M | June 07, 2024 | Corporate Round | €12.5M | COLOPL,Inc. | Gaming |
The investment of 12.5 million euros in CBI, along with the publishing and distribution contract, affirm CBI’s growth strategy centered on three key areas: the “AlphaVerse” metaverse, Web 3.0 video games, and Web 3.0 investments.
CBI will take on the role of publisher and distributor for the Brilliantcrypto game in both Europe and South America. Over a span of three years, CBI will offer a variety of services such as promoting and marketing the game, while also covering the related costs. During this time, CBI has committed to ensuring a minimum revenue of five million euros for Brilliantcrypto.
By doing so, CBI validates its business model and establishes itself as a major listed entity on Euronext, providing an investment avenue in the blockchain sector. More broadly, CBI continues to showcase its proficiency in creating unique opportunities through its deal flow and offering exposure to the world of blockchain and cryptocurrencies.
About Crypto Blockchain Industries
CRYPTO BLOCKCHAIN INDUSTRIES, or CBI, is a company based in France that specializes in the development, operation, and investment in video games, commercial applications, and select projects involving blockchain, non-fungible tokens (NFTs), and cryptocurrencies. It was established by Frédéric Chesnais, a distinguished entrepreneur in the gaming sector and an early adopter of blockchain technology. CBI's goal is to cultivate and realize the potential of a diverse portfolio of blockchain ventures spanning various sectors such as video games, finance, logistics, and more, leveraging this technology either directly or via collaborations. CBI has already invested in several ventures and is in the process of launching AlphaVerse, a metaverse or a virtual world powered by blockchain technology. The shares of CBI are traded on the E2 (Public Offering) section of the Paris Euronext Growth stock exchange.
Website: https://www.cbicorp.io/
X: https: https://x.com/CBIcorp_io
X Followers today: 390
About Investor
Investor: COLOPL, Inc.
COLOPL, Inc. is a Japan-based company that specializes in the development and operation of online games. Founded in 2003 by Naruatsu Baba, a renowned entrepreneur in the gaming industry, COLOPL has its headquarters in the Midtown Tower in Akasaka. With ‘Entertainment in Real Life’ as its mission, COLOPL focuses on expanding applications for smartphones to provide entertainment that makes everyday life more enjoyable. The company is primarily engaged in the mobile service business, distributing mobile game applications such as White Cat Project, Quiz RPG Wizard and Black Cat Wiz, and White Cat Tennis. COLOPL’s shares are listed on the Tokyo Stock Exchange
Location: Tokyo, Japan
Website: https://colopl.co.jp/en/
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