ABO Digital Commits $25M to Extended Reality Metaverse Company Spheroid Universe

Rotterdam, The Netherlands, 21st February 2023, Chainwire

Spheroid secures $25 million in investment commitments from ABO Digital as a strategic funding partner.

Spheroid is an AR/XR platform that uses SPH utility tokens to power all activities within the ecosystem.

This funding commitment from ABO Digital marks an important milestone for Spheroid. Spheroid plans to use the funds to continue building tools and features within the Spheroid Universe, such as Spheroid Script, a cross-platform programming language developed to speed development and reduce costs. increase. AR/XR applications) and the Spheroid Demiurge IDE (a cloud-based integrated development environment for programmers and designers collaborating on AR/XR projects).

This commitment from ABO Digital will allow Spheroid to continue developing and scaling its infrastructure within the Spheroid Universe. Andrea De Marco, Managing Director of Spheroid Universe, said:

We look forward to working with the Spheroid team in the future. Amine Nedjai, Director of ABO Digital, said: Spheroid is building essential tools for creators in the AR/XR space, and we believe demand will grow over time.

About spheroids

spheroid universe (Spheroid), an augmented reality metaverse company, has announced that it has secured an investment commitment from ABO Digital in the utility token SPH. Spheroid is a platform for developing augmented reality projects. The technical foundation of this platform is the Spheroid XR Cloud and the Spheroid Script programming language designed for AR/XR creation.

SPH It is the native token of the Spheroid ecosystem that drives platform activity. It can be exchanged for space (a virtual land in the Spheroid Universe) or used for advertising, content placement, and various platform services on XR. Among the products powered by SPH is Spheroid Earth, an open global project to create 3D digital twins of the Earth.

About ABO Digital

ABO Digital is a digital asset investment firm and part of the Alpha Blue Ocean Group, which has executed over $2 billion in financing commitments to publicly traded companies around the world. ABO Digital is based in the Bahamas and invests in cryptocurrency projects around the world.

contact

Andrea De Marco, Managing Director, Spheroid Universe, [emailprotected]