AlphaTON Capital Acquires 60% of GAMEE in $11M Deal Gaining 119M Users
AlphaTON Capital will acquire 60% of GAMEE for up to $11 million, including $3.5 million cash and $7.5 million in earn-outs over two years at an $18 million valuation. GAMEE generated $3.54 million revenue in 2025, a 112% three-year CAGR, and adds 119 million users, with 61 million on Telegram.
1. Acquisition Terms
Under the agreement, AlphaTON will pay $3.5 million at closing – including $1.5 million cash, 99,800 shares, 1.9 million pre-funded warrants and $2 million in GMEE tokens – and up to $7.5 million in performance-linked earn-outs tied to EBITDA targets of $1.2 million in year one and $1.6 million in year two.
2. Financial Performance
GAMEE generated $3.54 million in revenue in 2025, representing a three-year CAGR of 112%, and recorded over 10 billion gameplay sessions across its mobile gaming platform.
3. Strategic Rationale
The acquisition provides AlphaTON with immediate engagement of 119 million registered users, including 61 million on Telegram, leverages Telegram’s 1 billion-user addressable market, and formalizes a strategic alliance with Animoca Brands to pursue broader blockchain and social gaming opportunities.
4. Digital Asset Transfer
Animoca Brands will transfer 878 million GMEE tokens and 20.5 billion WAT tokens, each representing 51% of its treasury holdings, while GAMEE’s management remains intact and the board will comprise two AlphaTON appointees and one Animoca Brands representative.