Klever announces $20M investment commitment from GEM Digital Limited

Klever has received a $20 million investment commitment from GEM Digital Limited, with $10 million allocated to each of its KLV and KFI tokens. This backing reflects confidence in Klever’s vision to revolutionize the blockchain and web3 world and make finance accessible to all. Klever is dedicated to creating a user-friendly and inclusive blockchain ecosystem, with a focus on making financial services available to everyone.

The Klever ecosystem enables users to invest, stake, create, and manage decentralized digital assets, and has introduced the ability for people in Nigeria to pay for goods using the Klever Wallet. The platform aims to simplify blockchain technology so that anyone, regardless of their technical expertise or background, can use it.

The $20 million funding will accelerate Klever’s mission to make p2p financial services open and accessible to all through its public blockchain network. Additionally, the investment in the open-source movement and the strategic approach to token utilization reinforce Klever’s commitment to responsible and thoughtful expansion in the blockchain and web3 space.

GEM Digital Limited, the investor, is a digital asset investment firm based in The Bahamas, with a focus on utility tokens listed on over 30 CEXs and DEXs globally. As part of the $3.4 billion Global Emerging Markets group, GEM has completed over 530 transactions in 72 countries, providing exposure to small-mid cap management buyouts, private investments in public equities, and select venture investments. For more information, visit Klever’s website.

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