09:14 AM EST - Tokens.com Corp. : Announced that its subsidiary, Metaverse Group , has successfully acquired three new strategic parcels in Decentraland. Consideration for the acquisition was equity in Metaverse Group. The vendor of the virtual land is JMD Capital. The acquired virtual land is named The Gen Estate, a highly strategic plot that is located across from one of Decentraland’s transit centres, a hub that players use to navigate through the virtual world faster and is next to Dragon City, a virtual Chinese culture city built on the largest parcel in Decentraland. The real estate in this transaction is equivalent to nearly 25,000 square feet in physical terms. Metaverse Group plans to develop the land and rent it out to tenants. “This transaction represents a valuable part of our strategy to not only purchase real estate but to use our equity to vend-in strategic partners. We believe we are amassing one of the most valuable portfolio’s of real estate in the Metaverse” commented Andrew Kiguel, CEO of Tokens.com. Tokens.com Corp.
shares O.SMURF are trading unchanged at $1.90.
