Tokens.com Completes Metaverse Group Acquisition
Tokens.com Corp, a publicly traded company that builds web3 businesses and owns a digital asset inventory, is pleased to announce that it has completed its acquisition of all issued and outstanding shares from Metaverse Group LTD’s minority shareholders that the Company does not already own. In addition, Metaverse Group has developed a new website, metaversegroup.com, to represent its expanding business branding.
Tokens.com issued Metaverse Group stockholders shares, options, and RSUs.
The merging of the two organisations will increase synergies between the two entities, especially Hulk Labs, Tokens.com’s gaming unit. Hulk Labs’ gamification capabilities will improve Metaverse Group’s customer services. The merger will allow for the creation of new, immersive metaverse experiences that combine the best of gaming and virtual reality. Furthermore, significant synergies in corporate overhead, investor relations, public relations, and human resources are projected as a result of the merger.
(With inputs from Shikha Singh)
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