MultiMetaVerse Holdings Limited Announces Establishment of Joint Venture
MultiMetaVerse Holdings Limited - Class A Ordinary Share (MMV)
NASDAQ:AMEX Investor Relations:
funds.eatonvance.com/massachusetts-municipal-income-trust-mmv.php
Company Research
Source: PR Newswire
SHANGHAI, Aug. 28, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited (NASDAQ: MMV) ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, today announced the establishment of a new joint venture, GOLD ABC DIGITAL TECHNOLOGY CO., LIMITED ("GOLD ABC"), and its initial strategic investments.MMV previously partnered with ZHENGHE HOLDING CO., LIMITED ("Zhenghe"), a blockchain technology service provider, to form GOLD ABC, a Hong Kong-based entity focused on algorithms to achieve self-holding asset appreciation. This collaboration aims to leverage the expertise of both parties in financial technology, blockchain, and traditional finance, and potentially creates a valuable opportunity for MMV to enter into a new industry. MMV owns 20% of GOLD ABC and ZHENGHE is responsible for GOLD ABC's daily management and operation.Earlier this month, GOLD ABC borrowed 500 Bitcoins at an average cost of $60,000 per Bitcoin from Zhenghe for a one-year term
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MMV
News
- MultiMetaVerse Holdings Limited Provides Update on Joint VentureGlobeNewswire
- MultiMetaVerse receives non-compliance notice from Nasdaq [Seeking Alpha]Seeking Alpha
- MultiMetaVerse Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price and Minimum Market Value of Listed SecuritiesGlobeNewswire
- MultiMetaVerse signs term sheet with Bowong Technology [Seeking Alpha]Seeking Alpha
- MultiMetaVerse Holdings Limited Announces Signing of Term Sheet with Bowong TechnologyGlobeNewswire
MMV
Sec Filings
- 11/12/24 - Form 6-K
- 10/18/24 - Form 6-K
- 10/2/24 - Form 6-K
- MMV's page on the SEC website