1. QiAi QuestsHome
  2. Daily Digest

Tokens.com Announces Acquisition of Full Ownership of Metaverse Group

• Daily Digest • 66 views

According to reports, Tokens.com, a Web3 listed company on the Frankfurt Stock Exchange, has announced that it has made a bid to acquire full ownership of Metaverse Group. Currentl

Tokens.com Announces Acquisition of Full Ownership of Metaverse Group

According to reports, Tokens.com, a Web3 listed company on the Frankfurt Stock Exchange, has announced that it has made a bid to acquire full ownership of Metaverse Group. Currently, as a major shareholder of Metaverse Group, it owns approximately 55.2% of the outstanding shares and will hold 100% of the latter after the completion of this transaction. As of December 31, 2022, the total assets of Metaverse Group were $6.1 million, including cash assets of $2.7 million, NFT assets of approximately $2.1 million, and Tokens.com’s total asset size was approximately $17.7 million. The company mainly invests in Web3 assets, encryption pledges, metaverse, and P2E games. （financialpost）

Tokens.com Offers to Acquire Full Ownership of Metaverse Group

Introduction

Tokens.com, a Web3 listed company on the Frankfurt Stock Exchange, recently announced its bid to acquire full ownership of Metaverse Group. As a major shareholder, Tokens.com currently holds around 55.2% of the outstanding shares and will acquire complete ownership upon completion of the transaction. Metaverse Group, as of December 31, 2022, had total assets of $6.1 million, including cash assets of $2.7 million, NFT assets of around $2.1 million, and Tokens.com’s total asset size was approximately $17.7 million. In this article, we will discuss the significance of Tokens.com’s acquisition of Metaverse Group.

The Significance of Tokens.com’s Acquisition of Metaverse Group

1. Investment in Web3 Assets

As a Web3 listed company, Tokens.com mainly invests in Web3 assets, encryption pledges, metaverse, and P2E games. With the acquisition of Metaverse Group, Tokens.com expands its portfolio of investments in the Web3 space. Metaverse Group, as a leader in metaverse investment, will bring in valuable expertise and allow Tokens.com to further grow in the Web3 niche.

2. Gaining Full Control of Metaverse Group

Tokens.com’s acquisition of full ownership of Metaverse Group will provide the former with complete control over the latter’s operations. This will enable Tokens.com to make strategic decisions that align with its overall business strategy.

3. Increasing Assets Under Management

By acquiring Metaverse Group, Tokens.com will increase its assets under management, which is beneficial in terms of revenue generation. This will enable Tokens.com to further expand its investment portfolio and grow its business.

4. Consolidation of Holdership

The acquisition of Metaverse Group will consolidate Tokens.com’s hold on the company. This will provide investors with greater clarity and transparency about Tokens.com’s operations and future investments in the Web3 space.

Conclusion

Tokens.com’s acquisition of full ownership of Metaverse Group is a significant move by the company to expand its investments in the Web3 space. The acquisition provides Tokens.com with complete control over Metaverse Group, which opens up new opportunities for growth and expansion. Furthermore, with an increase in assets under management, Tokens.com can further grow its investment portfolio and generate revenue. As Tokens.com continues to invest in Web3 assets, the acquisition of Metaverse Group will help the company remain at the forefront of the evolving metaverse and P2E game spaces.

FAQs

1. Why is Tokens.com acquiring Metaverse Group?

Tokens.com is acquiring Metaverse Group to expand its investments in the Web3 space, increase assets under management, and consolidate its hold on the company.

2. How will the acquisition of Metaverse Group benefit Tokens.com?

The acquisition of Metaverse Group will enable Tokens.com to make strategic decisions that align with its overall business strategy, expand its investment portfolio, and generate revenue.

3. What is Metaverse Group’s expertise in the Web3 space?

Metaverse Group is a leader in metaverse investment, which will provide Tokens.com with valuable expertise in the evolving metaverse and P2E game spaces.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/daily/17640.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 04/18/2023 14:35
Next 04/18/2023 14:44

Related recommendations