Futureverse, an AI and metaverse technology firm, secured $54 million in funding to revolutionize the metaverse through AI integration. The funding round was led by 10T Holdings and Ripple, aimed at developing exclusive AI content generation tools for music, objects, characters, and animations within the future metaverse.

Futureverse has partnered with Ripple, leveraging the Root Network and using XRP as a gas token following the XLS-20 NFT standard. The support from 10T and Ripple is driving Futureverse’s mission to create an immersive and accessible metaverse for everyone.

The raised funds will be utilized to enhance the Futureverse Platform and boost their presence in AI gaming. Noteworthy collaborations with FIFA and Muhammad Ali Enterprises have already resulted in the launch of AI League and “Muhammad Ali – The Next Legends.”

At the helm of Futureverse are Aaron McDonald, Shara Senderoff, Marco Brondani, and Dan Gillespie, visionary leaders seeking to establish an open and scalable metaverse infrastructure, empowering developers and users alike.

Strategic partnerships with Cool Cats, FIFA, and Mastercard have allowed Futureverse to expand its offerings. Additionally, the acquisition of 11 metaverse companies, including Altered State Machine, Non-Fungible Labs, Sylo, Centrapay, Shadows Interactive, and others, has further strengthened their position and cultivated a vibrant metaverse community.

With a global team of approximately 250 talented individuals, Futureverse is at the forefront of constructing cutting-edge infrastructure, tools, and immersive experiences. These acquisitions have brought unique expertise in AI protocols, creative and engineering studios, decentralized communications, digital asset payments, decentralized identity, gaming development, augmented fashion, and more.