GAMEE, a mobile-focused web3 gaming platform owned by Animoca Brands, is on track to become the first web3 gaming company listed on Nasdaq. This move comes after a signed letter of intent between Animoca Brands and AlphaTON Capital, a Nasdaq-listed digital asset firm. The proposed deal involves AlphaTON acquiring a majority stake in GAMEE while also investing in the company’s tokens, GMEE and WAT.
The agreement positions GAMEE closer to the public markets while highlighting the growing connection between gaming and blockchain-powered platforms. With the backing of a Nasdaq-listed firm, GAMEE could establish itself as a notable example of how web3 companies move into traditional finance spaces.
GAMEE to be Listed on Nasdaq
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GAMEE to be Listed on Nasdaq
AlphaTON Capital, which trades under the ticker ATON, plans to purchase 51 percent of GAMEE’s equity from Animoca Brands. Alongside the equity stake, the company intends to acquire 51 percent of the GMEE and WAT tokens held by GAMEE in its treasury.
To further strengthen its involvement, AlphaTON has committed to buying up to $3 million worth of GMEE tokens and $1 million worth of WAT tokens on the open market. These steps reflect a broader strategy to build a presence in Telegram-based gaming, where GAMEE already has a significant user base.
The scale of GAMEE’s activity is notable. The platform has over 119 million registered users, more than 61 million of whom are active on Telegram. Across all platforms, GAMEE has logged more than 10 billion gameplay sessions, showing consistent engagement across its titles.
GAMEE to be Listed on Nasdaq
Telegram and the TON Blockchain
Telegram plays a central role in this deal. With more than one billion monthly active users, the platform represents a major audience for companies exploring web3 adoption. Both AlphaTON and GAMEE operate within the TON blockchain, which is closely tied to Telegram’s ecosystem.
Animoca Brands co-founder Yat Siu described the potential acquisition as an important milestone for both GAMEE and the TON ecosystem. He noted that the deal could make GAMEE the first Nasdaq-listed web3 gaming firm while also showing how digital asset companies can expand into profitable operating businesses.
AlphaTON CEO Brittany Kaiser echoed this view, pointing to GAMEE’s established user base on Telegram as a reason for the acquisition. She said the company’s ability to reach millions of players creates a unique opportunity to drive adoption of decentralized technologies.
GAMEE to be Listed on Nasdaq
More About AlphaTON and Team
AlphaTON Capital is a digital asset treasury firm that focuses on the TON blockchain. Its operations combine token acquisition, validator work, and ecosystem investments to create returns for investors. The company, headquartered in the British Virgin Islands, is led by CEO Brittany Kaiser and Executive Chairman Enzo Villani, a former Nasdaq managing director.
AlphaTON’s involvement in GAMEE represents a continuation of its strategy to connect traditional capital markets with emerging blockchain applications, while maintaining Nasdaq’s governance and transparency standards.
GAMEE to be Listed on Nasdaq
WATCoin Airdrop and GAMEE
Founded in 2015, GAMEE joined Animoca Brands in 2020 and has since built itself into one of the largest gaming platforms within the Telegram ecosystem. The company has worked with more than 40 web3 partners, including The Sandbox, Notcoin, Mocaverse, and Cool Cats. Its focus has been on making blockchain gaming accessible through mobile platforms and onboarding players who may not have prior experience with web3.
One of GAMEE’s biggest milestones came through its WATCoin airdrop, which brought four million users into the TON ecosystem. By lowering entry barriers and building simple interfaces, GAMEE has been able to convert large groups of traditional mobile players into web3 participants.
GAMEE to be Listed on Nasdaq
Tokens on the Solana Blockchain
Alongside the GAMEE news, Animoca Brands has announced a separate effort to tokenize its equity through a partnership with Republic. This plan would allow Animoca’s shares to be represented as tokens on the Solana blockchain, giving investors access to equity in a more liquid and globally available form.
Animoca was delisted from the Australian Securities Exchange in 2020, but tokenization could offer new avenues for investment. Solana was chosen for its low fees and fast transaction speeds, making it well-suited for tokenized assets. Animoca has positioned this initiative as part of its broader mission to expand ownership and accessibility in digital markets.
Final Thoughts
The potential acquisition of GAMEE by AlphaTON highlights how blockchain-based gaming is becoming more visible in traditional financial systems. If the deal is finalized, GAMEE would be the first web3 gaming company listed on Nasdaq, creating a precedent for others in the space.
For investors, it represents an opportunity to participate in a sector that is rapidly expanding but has, until now, largely existed outside of public markets. For players, it could mean broader support for web3 gaming and increased development within platforms like Telegram.
Frequently Asked Questions (FAQs)
What is GAMEE? GAMEE is a mobile web3 gaming platform acquired by Animoca Brands in 2020. It operates games within the Telegram ecosystem and has over 119 million registered users.
What is AlphaTON Capital? AlphaTON Capital is a Nasdaq-listed digital asset treasury company that focuses on the TON blockchain. It combines token acquisition, validator operations, and ecosystem investments.
Why is the AlphaTON and GAMEE deal important? If finalized, the deal would make GAMEE the first web3 gaming company listed on Nasdaq, giving the sector greater visibility in public markets.
What are GMEE and WAT tokens? GMEE and WAT are GAMEE’s utility tokens. GMEE is used for governance, rewards, and in-game functions, while WAT is tied to GAMEE’s airdrop and community engagement initiatives.
How does Telegram fit into this? Telegram is a key platform for GAMEE, with more than half of its players active there. Both GAMEE and AlphaTON operate within the TON blockchain, which is integrated with Telegram’s ecosystem.
When will the acquisition be completed? The acquisition is currently at the letter of intent stage and is subject to final terms, due diligence, and regulatory approval.
