- Nexo and GameFi company XYZZY have signed a strategic partnership following the global crypto lender’s investment into RoE.
- The collaboration creates unprecedented access to all Nexo products for RETH tokenholders.
Nexo Ventures, the in-house Web3-focused investment and acquisition fund of the leading regulated crypto lending platform Nexo, has announced its strategic investment in Realms of Ethernity (RoE), the hottest blockchain game in the play-to-earn (P2E) gaming community right now.
The announcement comes on the heels of Nexo’s newly formed strategic partnership with RoE creators XYZZY, the Miami-based metaverse GameFi company that is using blockchain technology to revolutionize the world of gaming.
This long-term partnership allows Nexo Ventures to invest in RoE, the world’s first triple A-quality, P2E, nonfungible token massively multiplayer online roleplaying game. RoE is a polished, rich, third-person open world built with Unity 3D and stunning audio-visual quality that allows players true ownership of the game’s assets.
RoE tokenholders will now be able to engage in lending, staking and trading through digital wallets on Nexo’s platform, allowing the community access to a user-friendly platform that gives them instant and efficient access to their tokens while keeping them stored on one of the most secure platforms in the industry.
It is only natural for two of the biggest names in GameFi these days — Nexo and RoE — to partner up at this crucial time in Realms’ development with GameFi taking the blockchain world by storm,” said Haydn Snape, founder and CEO of Dubai’s Decentralized Investment Group, owner of GameFi subsidiary XYZZY. “We have just had the RETH token trending when it was listed this week as number one on both DEXTools and Uniswap, continuing to break records everywhere. And now we get to offer our tokenholders access to Nexo. This is incredibly exciting for us.
RoE held an initial game offering (IGO) last month for its pre-launch tokens, which sold out in record time on multiple launchpads, cementing RoE’s IGO as one of the biggest in P2E history. Now, the Nexo partnership will propel the game and its users to even more success.
Nexo’s pursuit of excellence, from product development to licensing worldwide, has brought a new generation of professional financial services for digital assets, which will allow RETH tokenholders to be a part of a better, fairer financial system that crypto has created.
Nexo guarantees that tokenholders’ assets will be safeguarded and easily and instantly accessed, giving them more efficient ways to transfer or manage their funds.
The crypto P2E-gaming community requires access to financial tools — tools that resemble those available in the world of traditional finance — that make their gaming experience accessible, seamless and convenient. Not only can we help provide these tools, we are committed to investing in and developing the entire GameFi metaverse economy and ecosystem – and that’s exactly what we’ve done with XYZZY and RoE.
Tatiana Metodieva, head of Nexo Ventures and corporate finance at Nexo
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Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
