What is Xterio?
Headquartered in Switzerland, Xterio operates as a sophisticated Web3 game publisher dedicated to the integration of blockchain technology into high-fidelity gaming experiences. The company functions at the intersection of interactive entertainment and decentralized finance, focusing on the creation of immersive worlds where digital assets are owned and traded by the player base. By maintaining a focus on high-quality production values, Xterio distinguishes itself from early-stage blockchain projects, aiming to provide a seamless transition for mainstream gamers into the Web3 ecosystem. Its market position is bolstered by a strategic alignment with global gaming developers and venture capital firms that specialize in the evolution of digital entertainment.
How much funding has Xterio raised?
Xterio has raised a total of $55M across 2 funding rounds:
Unspecified
$40M
Other Financing Round
$15M
Unspecified (2022): $40M with participation from XPLA, FunPlus, Matrix Partners, Animoca Brands, Foresight Ventures, Infinity Ventures Crypto (IVC, FTX Ventures, Makers Fund, and HashKey
Other Financing Round (2023): $15M led by Binance Labs
Key Investors in Xterio
FunPlus
Founded in 2010, FunPlus is an independent game developer and publisher headquartered in Switzerland with operations around the globe.
Matrix Partners
Founded in 1977, Matrix Partners is a venture capital firm investing in software, services, and internet sectors, providing deep expertise in scaling technology enterprises.
Animoca Brands
A Hong Kong-based leader in blockchain gaming and NFTs, Animoca Brands focuses on advancing digital property rights for online users.
What's next for Xterio?
Looking ahead, Xterio is expected to utilize its recent capital injection to expand its portfolio of titles and enhance its underlying blockchain infrastructure. The strategic focus will likely shift toward scaling user acquisition and refining the interoperability of its digital assets across various gaming platforms. As the Web3 gaming sector matures, Xterio's ability to maintain regulatory compliance while fostering a vibrant, player-driven economy will be critical. The firm is well-positioned to capitalize on the growing demand for decentralized gaming, provided it continues to execute on its roadmap of delivering high-quality, sustainable interactive experiences that resonate with both crypto-native users and traditional gaming audiences.
See full Xterio company page