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Tokens.com has increased its stake in Metaverse Group

Tokens.com Corp., a publicly traded company that invests in revenue-generating crypto assets linked to the Metaverse, Decentralized Finance, and Non-Fungible Tokens, completed an additional strategic investment in Metaverse Group’s $6 million financing.

Tokens.com

MetaNews.

Tokens.com was the lead investor in this strategic round of financing and retains its 67% majority ownership.

“This latest financing capitalizes Metaverse Group with the ability to purchase additional marquee properties in the metaverse and build out its services business. Moreover Tokens.com CEO Andrew Kiguel is extremely happy with the progress the company has made and the exciting things in store for 2022. In addition this new capital will help Metaverse Group generate exceptional growth and purchase strategic land assets in the metaverse”.

“This financing round gives Metaverse Group the capital to continue to purchase land and grow our business.

We are well capitalized and on our way to building the premier virtual real estate business in the world. In addition Tokens.com has been a pivotal partner to Metaverse Group. We’re grateful for the Company’s ongoing support,” commented Lorne Sugarman, CEO of Metaverse Group.

Tokens.com has increased its ownership of Ethereum

In addition, The company has increased its ownership of Ethereum with a subsequent purchase of 230 ETH tokens. Bringing its total ETH holdings to 3,000. In addition to ETH tokens, Tokens.com also owns Solana, Polkadot, Terra, Shiba Inu, Oasis Rose and Ankr. The company stakes the majority of its token holdings to earn additional tokens.

About Tokens.com

The Tokens.com Corp. owns as inventory of cryptocurrencies based on the Metaverse, DeFi, and NFT protocols. Moreover staking refers to the process of earning additional tokens by using Tokens.com’s cryptocurrency inventory.

In addition, the compnay is the majority owner of the Metaverse Group, one of the world’s first virtual real estate companies. Through its growing digital assets and NFTs. Tokens.com provides public market investors with a simple and secure way to gain exposure to cryptocurrencies linked to DeFi and NFTs.

Image credits: Shutterstock, CC images, Midjourney, Unsplash.

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