It was revealed that USM Holdings will be investing a whopping $100,000,000 in Virtus.pro.
It is no secret that Esports has been showing exponential growth in recent years, from being on national TV shows to having larger tournaments than some actual sports. Today, we witness yet another historical change as one of the wealthiest Russians, Alisher Usmanov, has decided to invest $100,000,000 into Virtus.pro.
Ivan Streshinsky, a Member of the Board of Directors of USM Holdings, a company through which Usmanov is making this investment, had the following to say:
Anton Cherepennikov, Co-owner and Managing Partner of Virtus.pro, added:
With such a large investment Virtus.pro will be able to launch new tournaments, approach new games, get new media channels and on the top of it - get a new Esports arena.