Tokens.com Announces Bid to Acquire Full Ownership of Metaverse Group

04/18/2023 14:41 • Tech Ticker • 127 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. 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, has announced that it has made a bid to acquire full ownership of Metaverse Group. The acquisition will give Tokens.com 100% ownership of Metaverse Group, which it currently holds approximately 55.2% outstanding shares. This move is in line with Tokens.com’s investment strategy in Web3 assets, encryption pledges, metaverse, and P2E games. Metaverse Group’s total assets as of December 31, 2022, were $6.1 million, including cash assets of $2.7 million and NFT assets of approximately $2.1 million.

The Bid

Tokens.com has made a bid to acquire full ownership of Metaverse Group. This acquisition is part of Tokens.com’s investment strategy, which focuses on Web3 assets, encryption pledges, metaverse, and P2E games. The bid will give Tokens.com 100% ownership of Metaverse Group, as it currently holds approximately 55.2% of the outstanding shares. The total assets of Metaverse Group were $6.1 million as of December 31, 2022, which includes cash assets of $2.7 million and NFT assets of approximately $2.1 million.

Tokens.com’s Investment Strategy

Tokens.com is a Web3 listed company on the Frankfurt Stock Exchange, and its investment strategy focuses on Web3 assets, encryption pledges, metaverse, and P2E games. The company invests in these areas because it believes that they are the future of the internet. Web3 assets are decentralized applications that are built on blockchain technology. Encryption pledges are digital assets that are secured by cryptography. Metaverse is a virtual world where users can interact with each other and create content. P2E games are games that allow players to earn real-world rewards.

Metaverse Group’s Assets

Metaverse Group’s assets as of December 31, 2022, were $6.1 million, which includes cash assets of $2.7 million and NFT assets of approximately $2.1 million. NFTs, or non-fungible tokens, are unique digital assets that are secured by blockchain technology. They have gained popularity in recent years and have become a valuable asset class. Metaverse Group’s NFT assets are a significant part of its total assets, which makes it an attractive acquisition target for Tokens.com.

Tokens.com’s Total Asset Size

Tokens.com’s total asset size was approximately $17.7 million as of December 31, 2022. The company’s investment strategy in Web3 assets, encryption pledges, metaverse, and P2E games has helped it to grow its asset base. The acquisition of Metaverse Group will add to Tokens.com’s existing assets.

Conclusion

Tokens.com’s bid to acquire full ownership of Metaverse Group highlights its investment strategy in Web3 assets, encryption pledges, metaverse, and P2E games. The acquisition of Metaverse Group will add to Tokens.com’s existing assets, which will help the company to continue growing its asset base. The increasing popularity of NFTs and the metaverse makes this acquisition a strategic move for Tokens.com.

FAQs

1. What is Tokens.com’s investment strategy?
Ans: Tokens.com invests in Web3 assets, encryption pledges, metaverse, and P2E games.
2. What are NFT assets?
Ans: NFT assets are unique digital assets that are secured by blockchain technology.
3. What is the metaverse?
Ans: The metaverse is a virtual world where users can interact with each other and create content.

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