Blockchain gaming publisher Xterio has invested $2.5 million in Overworld, a new partner game studio that will make multiplayer role-playing games with digital collectibles.

Overworld will develop cross-platform, free-to-play games with features such as player ownership and digital collectibles.

Backed in August 2022, Xterio, a cross-platform publisher and developer of high-quality mobile and Web3 games, raised $40 million in funding for itself. The company is on a mission to develop the leading Web3 gaming ecosystem focused on high-quality games.

Switzerland-based Xterio, together with it’s operating company LibeccioTech, is investing the initial funding in Overworld to launch unique game-themed collectibles on the Xterio platform, which will house a marketplace, social community hub, user-centric tools and more. Xterio also has a lot of people in Singapore, and the overall headcount for the ecosystem is over 100 people.