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Pg: Genesis
@pggenesis
Animoca Brands and Futureverse reach strategic cooperation and plan to conduct an equity swap worth 5 million USD. Animoca Brands and Metaverse infrastructure company Futureverse have reached a strategic partnership. The two parties will promote the development of the technology and token ecosystem through mutual investment. It is reported that this partnership will also accelerate the development of the Futureverse token ecosystem, including Root Network's ROOT token, ASTO token that provides support for Futureverse's artificial intelligence protocol and the SYLO token that powers SYLO's social and communication graph protocol. currency. Pursuant to the Memorandum of Understanding, Futureverse and Animoca Brands intend to enter into an equity swap transaction involving shares of each other (or their respective group companies) worth $5 million.
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