Racing esports organisation Veloce has announced a partnership with blockchain and NFT company Animoca Brands.As a part of the agreement, Animoca Brands has invested into the organisation’s pre-IPO funding round using its branded motorsports utility token, REVV. The amount invested into Veloce has not been revealed.
According to the release, the partnership is expected to span across Veloce’s esports operations. This includes its teams, channels and racing leagues, such as Squadsprint. Additionally, the deal will cover the organisation’s sister company Veloce Racing, which is currently competing in the Extreme E series.