VICTORIA, Seychelles and NEW YORK, Feb. 25, 2025 -- Open Meta City, the pioneering virtual real estate platform that serves as a gateway to Real World Assets (RWA), today announced that it has executed a token subscription agreement with GEM Digital. This strategic agreement secures a $20 million commitment to drive the integration of advanced AI-powered features into Open Meta City, enhancing its immersive digital experience and revolutionizing the real estate industry.
Under the terms of the agreement, GEM Digital will provide up to $20 million in capital aimed at boosting the development and global rollout of Open Meta City. This investment will empower the platform to deliver dynamic, personalized user experiences while educating and engaging users on real estate's digital transformation and tokenization.
"We are thrilled to secure this investment from GEM Digital, a leading player in digital asset investments," said Jay Park, Founder of Open Meta City. "This capital commitment expands our metaverse capabilities, enables cutting-edge AI-powered features that set a new benchmark for immersive virtual real estate, and underscores confidence in our vision to revolutionize digital transformation through tokenized ecosystems."
About Open Meta City
Open Meta City is a cutting-edge virtual real estate platform that acts as a gateway to Real World Assets (RWA). With hundreds of thousands of users worldwide, Open Meta City provides a global service that blends fun, knowledge, and immersive experiences to educate and empower people about real estate's digital transformation and tokenization. The platform is revolutionizing the real estate industry by democratizing access to digital assets and redefining how individuals interact with and invest in real estate.
About GEM Digital
GEM Digital Limited 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.
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