Entertainment film exclusive

Cary Granat-Led Immersive Artistry Raises $40M With Gebo Group In Starport Crypto Platform

Reading now: 704
deadline.com

EXCLUSIVE: The stock markets are closed today in observance of Good Friday, but a new “decentralized finance” venture is heating up the digital investment community heading into Easter Weekend.An investment arm of Immersive Artistry, whose CEO is onetime Dimension Films and Walden Media exec Cary Granat, has teamed with digital assets and payments firm Gebo Group.

Their setup, Starport, has already raised $40 million and predict they will end up north of $50 million by Sunday. The proceeds, which take the form of digital tokens, will fund the new entity’s effort to bridge traditional finance and the emerging realms of blockchain and cryptocurrency.The usual venture capital firms and blue-chip investors found in startup announcements are not

Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA