Pluto announces joint venture to form new gaming blockchain and metaverse studio

Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology, is pleased to provide an update on its investment in Pluto Digital plc ("Pluto"), a technology company operating in the exciting digital assets sector. 

As part of the recent announcement by NFT Investments plc (AQSE:NFT) regarding its proposed acquisition of Pluto, it was announced that Pluto is now working alongside Maze Theory Limited ("Maze Theory"), a London-based digital entertainment studio, to release high quality games that incorporate token economics to empower the next generation of gamers. Maze Theory is an immersive gaming studio led by experienced industry veterans from PlayStation, Activision and NCSoft and has released critically acclaimed games across virtual reality, PC, mobile and console including: Doctor Who: The Lonely Assassins (mobile and console) and Doctor Who: The Edge of Time (VR) with Peaky Blinders: The King's Ransom (VR) launching soon. 

Pluto has now announced the formation of a new gaming blockchain and metaverse studio, called Emergent Games, as part of a joint venture between Maze Theory and Pluto. Pluto will provide an investment pipeline for the new joint venture and has already invested £4 million in Maze Theory, making Pluto its largest investor, in order to facilitate the studio's growth and strengthen its expertise in virtual reality ("VR").