Velas Expansion Plans Boosted by Gem Group $135 Million Financial Commitment
2022年9月29日 - 11:27PM
JCN Newswire
Velas Network, a leading blockchain protocol and ecosystem of
related software products, has today revealed details of a major
new partnership with Bahamas-based digital asset investment firm
GEM Group ("GEM").
The $135M financial commitment is set to help Velas Network
consolidate its position as the global leader in new blockchain
technologies. This will support the business to deliver on its
ambition to improve everyone's lives by making advanced and
disruptive technologies more accessible.
Since its launch in 2019, Velas has rapidly established itself at
the forefront of blockchain products and services. Thanks to its
industry-leading transaction speeds, unparalleled security, and
zero carbon certification, it has already become the blockchain
partner of choice for many of the world's leading brands.
Today's $135M financing announcement is now set to supercharge
Velas' progress. The new financing facility will help accelerate
Velas' ecosystem growth and help to ensure that its cutting-edge
blockchain is more effective, sustainable, and accessible than ever
before.
Farhad Shagulyamov, co-founder of the Velas Project says, "I am
delighted to announce GEM as Velas' new strategic partner. The size
and scale of the financing they are committing to is a clear
indicator of the confidence institutional players have in the
potential of our technology, the skills of our team, and the
robustness of our business model.
"This financing facility will boost our ability to introduce
innovative technologies and solutions to the global marketplace,
taking us into new markets and sectors. It will allow us to expand
our ecosystem and improve the blockchain itself, expanding the
number of users who can benefit from our cutting-edge approach.
"This partnership would have been impossible without the hard work
and commitment of many people behind the scenes at both Velas and
GEM. I would like to thank both teams for the diligence, commitment
and professionalism that has helped deliver this ground breaking
deal.
At Velas we are driven by a shared belief that opening up access to
new technologies has the potential to benefit businesses,
communities, and the planet. This significant investment will not
just make a difference to our own business, but it will also
benefit our customers worldwide."
About VELAS
"Velas" is a trading name used for the Velas blockchain protocol,
the ecosystem of related software products and legal entities
engaged therein.
Velas is currently the fastest blockchain with Ethereum VM
compatibility and was founded in 2019 in Zug, Switzerland.
Velas is also one of the most efficient blockchain networks for
secure, interoperable, extremely scalable transactions and smart
contracts that is integrating world-changing technology products
and services with the aim of improving people's lives all over the
globe.
Velas is creating an innovative environment for decentralized
applications, social platforms, open finance, access management
solutions, Web 3.0 DeFi apps, micro-apps and more.
Providing up to 75,000 transactions per second with extremely low
fees, Velas is one of the most efficient blockchain networks
available. Being an ecosystem using a wide range of decentralized
products and services, the main goal of Velas is to bring
blockchain technology to all types of users, from micro-startups to
enterprise divisions while undergoing active efforts of being
certified as a Climate Neutral blockchain and aiming of being a
fully distributed Space network by 2025.
Email: info@velas.com
Website: https://velas.com
About GEM Group
GEM Group is 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. Global Emerging
Markets ("GEM") is a $3.4 billion alternative investment group with
offices in Paris, New York, and the Bahamas. GEM manages a diverse
set of investment vehicles focused on emerging markets and has
completed over 530 transactions in seventy-two countries. Each
investment vehicle has a different degree of operational control,
risk-adjusted return, and liquidity profile. The family of funds
and investment vehicles provides GEM and its partners with exposure
to Small-Mid Cap Management Buyouts, Private Investments in Public
Equities, and select venture investments. www.gemny.com
Velas Website: https://velas.com
Twitter: https://twitter.com/VelasBlockchain
Instagram: www.instagram.com/velas.blockchain/
Facebook: www.facebook.com/velasblockchain
YouTube: www.youtube.com/channel/UCZQNv-bdPKppg6akwWggmyQ
Telegram: https://t.me/velascommunity
Source: Plato Data Intelligence: www.platodata.ai
Source: VelasGEM
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