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Xterio

also invests · investor profile

Founded 2022 · 16 employees on LinkedIn · 14 known investors

Xterio is a Web3 gaming ecosystem and publishing platform that provides developers with tools for game development and distribution across mobile, PC, and consoles, including onboarding wallets, deployable smart contracts, identity/analytics/LiveOps tooling, and onchain AI agents. Backed by the XTER token, it bridges traditional and Web3 gaming.

Also known as Xterio Games

Founders & leadership

Xterio was founded in 2022 by Michael Tong.

MTMichael Tong
Michael TonginFounder

Investors · 14

Also in the syndicate · 3

FTX VenturesleadHashKeyInfinity Ventures Crypto

Funding

SEC filings, press & company announcements

$40M disclosed across 1 of 2 rounds · 2022–2023

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Xterio is a gaming platform and publisher that combines Web3 infrastructure with AI technology. It develops, finances, acquires, publishes and distributes games alongside partner studios, positioning itself as an AI-powered Web3 game Layer 2 ecosystem centred on the XTER token. Its consumer-facing offering includes a curated game gallery, an account-abstracted wallet, a decentralized identity system, an NFT marketplace and mint launchpad, onchain operations and community applications, with titles available across mobile, PC and consoles.

For developers, Xterio provides an end-to-end, chain-agnostic stack: the Xterio Development Kit with multi-platform support, deployable smart contracts and access to identity, analytics and LiveOps tooling; a proprietary GaaS platform with APIs and ready-to-use smart contracts covering claiming, minting, burning, breeding and evolving of tokens, NFTs and other digital assets; and its own L2 chains, XterioChain ETH and XterioChain BNB. Xterio Publishing offers a full-service publishing solution spanning marketing, user acquisition, platform partnerships, data analytics and live operations. First-party and ecosystem titles span genres including a multiplayer ARPG, a JRPG, an AI casual game, a 4X strategy MMO and an extraction shooter, with the Web3 RPG Overworld among its projects.

Founding story

Xterio was founded by veterans of the game industry with the stated mission of creating gaming experiences driven by player ownership. Co-founder Jeremy Horn is a gaming industry veteran whose prior roles included work at Ubisoft on Far Cry and Raving Rabbids, lead executive producer at Gameloft USA on titles such as Ice Age Village and Minions Rush, general management and co-ownership of TinyCo (Harry Potter: Hogwarts Mystery, Family Guy: The Quest for Stuff), and Vice President of Business at Jam City.

Business model

Xterio operates as a game developer, publisher and platform: it develops, finances, acquires, publishes and distributes games with partner studios, and supplies technology tooling (wallet, identity, development kit, GaaS APIs and L2 chains) plus financial and publishing services to partner developers. Economic activity across the ecosystem is centred on the XTER token, which is used for transactions within the platform.

Xterio provides publishing, financing and technology services to partner studios and operates first-party games, with the XTER token used across ecosystem transactions.

Traction

Company documentation states Xterio hosts five first-party games, works with more than 70 partners and serves over 10 million users. The XTER token is listed on Bybit, HTX, Bitget, MEXC and KuCoin, and is also tradable through the ecosystem's DEX.

Latest developments

Plans described in an interview with co-founder Jeremy Horn included launching a platform offering asset management, trading and a partner program for games and collaborators, reveals of upcoming titles, and the listing of the Xterio token.

Full profile — market position, technology, go-to-market, geography

Market position

Xterio positions itself as a Web3 interactive entertainment platform bridging traditional free-to-play gaming and blockchain-based digital ownership, targeting both Web3 users and traditional gamers.

Xterio combines publishing services with owned onchain infrastructure (wallet, account-abstracted identity, GaaS APIs and its own L2 chains) and AI initiatives such as an emotion engine and AI companions, aiming to make blockchain interactions invisible to mainstream players while addressing rising game production and user-acquisition costs through digital asset ownership and Web3 advertising channels.

Technology

The stack includes the Xterio Wallet, an onboarding wallet with 1-click login, crypto and fiat payments and cross-platform connections; Xterio IDENTITY, an account-abstracted ID system with gas-free signless onboarding; the Xterio Development Kit with deployable smart contracts and identity, analytics and LiveOps tooling; a GaaS platform exposing APIs and ready-made contracts for onchain asset operations; and two Layer 2 chains, XterioChain ETH and XterioChain BNB. Xterio is also building an AI asset-generation and toolkit engine and, with REKA, a proprietary AI "emotion engine" intended to emulate human behaviours, alongside AI agent/companion work described as "Palio."

Go-to-market

Xterio reaches developers through its publishing and technology partnerships and supports partner game growth with marketing, user acquisition, platform partnerships, data analytics and live operations; it reaches players through its game hub, first-party titles and cross-platform distribution.

Game developers and studios seeking blockchain integration, publishing, financing and live-operations support, and players across mobile, PC and console platforms.

Geography

A European startup directory lists Xterio as based in Zug, Switzerland.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Ecosystem partnersJan 202470+
First-party gamesJan 20245 games
Total capital raisedSep 2023$70M
Total funding (directory listing)Jan 2025Above EUR 25 million
Users servedJan 202410,000,000 users

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

In the news

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Xterio do?
Xterio is a Web3 game publisher and AI-enabled onchain gaming platform built around the XTER token.
Who founded Xterio?
Xterio was founded by Michael Tong in 2022.
Who are Xterio's investors?
Xterio's investors include Animoca Brands, FunPlus, SLVC, Y2Z Ventures, Binance Labs, Foresight Ventures, KuCoin Labs, Makers Fund and 3 more.
How much funding has Xterio raised?
Xterio has disclosed $40M raised across 1 of its 2 known rounds.