Tokens.com Acquires 50% of Metaverse Group

October 18, 2021

Tokens.com closed the purchase of a 50% stake in Metaverse Group by issuing two million common shares at CAD$0.84 (valuation CAD$1.68M), receiving 25 million Metaverse Group shares for the ownership position. Metaverse Group owns an extensive portfolio of virtual NFT real estate across Decentraland, The Sandbox, Somnium Space, Cryptovoxels and Upland and provides virtual property development, property management and metaverse marketing/advertising services.

Buyers
Tokens.com Corp.
Targets
Metaverse Group
Industry
Real Estate
Transaction Type
Buyout

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