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Dubai, United Arab Emirates — October 30, 2024 — U-topia’s latest investment has come from the newly formed Web3 venture capital fund, Blue Matter Capital. Given the co-founders’ backgrounds in investment banking, private equity, and venture capital, as well as experience at firms such as JPMorgan, Albamen, and Binance, the fund will bring additional advisory and investment expertise to the U-topia ecosystem.U-topia is decentralized media with financial tools for all ages bridging world-renowned intellectual property into Web3 to supercharge user acquisition across all chains. The company rewards engagement across media products with its Chain Abstraction wallet.Blue Matter Capital’s investment in U-topia demonstrates strong conviction in the vision and mission of the U-topia ecosystem. The fund is committed to supporting early-stage blockchain and digital asset projects, working closely with founders to accelerate their efforts in disrupting existing Web2 markets and technologies.<blockquote>“We are impressed by U-topia’s vision and the team’s dedication to building a user-centric platform that empowers a new era of media ownership and value creation within the entertainment industry,” said Connor O’Shea, Managing Partner of Blue Matter Capital. “U-topia’s chain and account abstraction approach holds immense potential to reshape how we interact with and value entertainment, and we are excited to be part of their journey.”</blockquote>U-topia is poised to disrupt the foundation of the entertainment industry with its potential to create a more captivating and rewarding experience for both creators and audiences. Beyond financial backing, the partnership extends to strategic guidance, as the partners’ extensive experience in founding and scaling blockchain ventures will provide invaluable insights to U-topia’s leadership team.<blockquote>“We are thrilled to welcome our newest investors, as they bring more than just capital — they are strategic partners. We are honored to be among the first investments from Blue Matter Capital,” said <a href="https://www.linkedin.com/in/emmanuel-quezada/" rel="noopener noreferrer nofollow">Emmanuel Quezada</a>, CEO of U-topia. “The BMC partners have a proven track record in the blockchain space, and their expertise in nurturing early-stage ventures will be instrumental in driving U-topia’s growth and development.”</blockquote>About Blue Matter Capital<a href="https://www.bluemattercapital.com/" rel="noopener noreferrer nofollow">Blue Matter Capital</a> is a venture capital firm focused on investing in early-stage blockchain and digital asset projects. They position their investments at the crossroads of traditional financial services transformation and blockchain innovation. The team’s experience in traditional finance, as founders, and working at leading blockchain companies enables them to identify promising founders and add value through investment and strategic guidance.About U-topia<a href="https://www.u-topia.com/" rel="noopener noreferrer nofollow">U-topia</a> is the leading MediaFi Company in the World, it is the convergence of innovative global IP Licensing in GameFi, AI Music, and Video Entertainment backed by a catalog of 70k Real World Assets rewards, leveraging top Intellectual Property (IP) from Web2 such as content from sports matches by professional teams, video content like Bandai Namco, and Top 100 retailers like Nike along with prime NFT collections from Web3.

U-topia Secures Strategic Investment from Newly Formed Blue Matter Capital

U-Topia

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