Tokens.com Corp. a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Hulk Labs, has completed a strategic financing round led by DV Investment Management.
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Hulk Labs is a Tokens.com subsidiary focused on developing the emerging play-to earn Web3 gaming sector. This funding is the first time Hulk Labs has raised capital outside of Tokens.com. Tokens.com is participating in the financing round as the largest investor and will continue to own over 90% of Hulk Labs. The financing capital will be used to invest in yield-generating play-to-earn assets and to build out its existing gaming teams.
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“Tokens.com is consciously working on building its businesses, and investing in the newest and most exciting areas of web3,” commented Andrew Kiguel, CEO of Tokens.com. “Despite short term market turmoil, we are committed to using our capital to build high-growth Web3 businesses linked to long term macro opportunities such as play-to-earn gaming.”
“We are excited to partner with DV Investment Management as we continue to grow Hulk Labs’ play to earn business,” said Deven Soni, President of Hulk Labs. “Despite the current market volatility, we continue to be incredibly bullish on the play-to-earn sector and continue to invest and build actively.”
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