UAE – Mubasher: Web3 services provider U-topia has raised $850,000 in funding from GDA Capital, according to a press release.
U-topia and GDA Capital will join forces to open new doors for international growth and expansion, with the former using the investment d to develop advanced features and technologies.
This partnership will enhance U-topia’s capabilities and anchor its position as a pioneering force at the intersection of the intellectual property (IP) and blockchain industries.
By collaborating with Web3 communities, U-topia is heading to NFTs to transform engagement with digital assets.
GDA Capital Partner, Joaquim Miro, noted: “U-topia's innovative approach to IP licencing represents a paradigm shift in the blockchain space, and we are excited to be part of their journey towards reshaping the future of digital ownership."
Emmanuel Quezada, CEO of U-topia, commented: "U-topia is excited to champion the next era of IP content in our entertainment products that leverage the latest in technology & AI.”
“While producing engaging and exciting entertainment products for the next generation of fans, we are equally excited to realise our vision of a compliant Web3 wallet for users aged 13 & over," Quezada added.
