Bitcoin treasury company K Wave Media acquires majority stake in Rabbit Walk to enter the Web3 content market
ChainCatcher news, Nasdaq-listed bitcoin treasury company K Wave Media announced on the X platform that it has raised 9 billion Korean won (approximately 6.5 million US dollars) through a common stock offering to acquire a 55% stake and management control of the AI content studio Rabbit Walk. After the transaction is completed, K Wave Media will leverage its virtual production and generative AI technology to expand into the Web3 content market and promote the development of an IP rights tokenization platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anichess has opened CHECK token claiming
CME Group and FanDuel to Launch US Prediction Market Platform Next Month
An attacker manipulated POPCAT to attack the Hyperliquid platform, causing a loss of $4.9 million.
Trending news
MoreCrypto prices
More
