SINGAPORE - 6 June 2016 – GTOKEN, the world's first crowdsourced mobile games publisher and advertising platform, has announced that the first and only World Champion Boxer in eight different weight divisions and Philippines Senator, Manny Pacquiao, has acquired a meaningful stake in its company.
From left to right: Archie Teo, Eldee Tang, Kenneth Mark Yong, Senator Manny Pacquiao, Ivan Lee and Arnold Vegafria
With over a million users to date across Southeast Asia, Taiwan and China, GTOKEN has rapidly grown throughout Asia and is currently valued at an estimated US$60 million.
“Since our launch in Singapore in December 2014, GTOKEN has garnered strong partnerships and support from the booming mobile gaming community across the region,” Kenneth Mark Yong, CEO of GTOKEN said.
“We are especially honored to have Senator Manny Pacquiao believing and investing in our vision to build the fastest growing crowdsourcing community for gamers, developers and publishers alike.”
“As a world champion in professional sports and a fighter all my life, I know what it takes to succeed on the global scale,” says Senator Manny Pacquiao. “I’m confident that GTOKEN has that special fighting spirit to be one of the strongest global players in the mobile gaming and advertising space and I’m proud to be part of the team.” .
GTOKEN’s founding investors include Mr Ivan Lee, a serial entrepreneur whose previous F&B company was acquired for approximately $100 million SGD. Mr Ivan is also the founder of Raging Bull, a private investment fund focused on tech. Another early investor, Mr Eldee Tang, played a key role in the success of this deal.
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Rasheed Abu Bakar
GTOKEN is a mobile gaming publisher, mobile advertising company and the fastest growing crowdsourcing community. GTOKEN created their very own online gaming platform, common gaming currency and community with the aim of driving traffic and revenue through empowerment.
About Senator Manny Pacquiao
Emmanuel "Manny" Dapidran Pacquiao, is a Filipino politician and world champion professional boxer. He is one of the greatest boxers of all time as he is the first and only eight-division world champion in which he has won ten world titles, as well as the first to win the lineal championship in five different weight classes.
Boxing champion Manny Pacquiao throws his hat into the startup ring, invests in Singapore’s GToken (Yahoo! Singapore, e27)
Media Development Authority, Singapore Facebook Page (MDA Facebook)
Boxing great Manny Pacquiao is now a tech investor (CNET)
Senator Manny Pacquiao Acquires a Stake in GTOKEN (Telegraph)
Pacquiao invests in mobile game industry, inks deal with GToken (CNN)
Manny Pacquiao invests in Singaporean mobile gaming company (AsiaOne Singapore)