current position:Home>Metaverse infrastructure platform InfiniteWorld plans to raise $145 million through SPAC listing

Metaverse infrastructure platform InfiniteWorld plans to raise $145 million through SPAC listing

2022-08-05 00:22:03Bo chain of finance and economics

Bolian Finance has learned that on August 4, according to VentureBeat, the Metaverse infrastructure platform InfiniteWorld plans to go public through a SPAC (special purpose acquisition company).

InfiniteWorld hopes to conduct SPAC with Aries I Acquisition Corporation (RAM) and raise $145 million in public markets.

In addition, InfiniteWorld announced the acquisition of game studio Super Bit Machine.

Super Bit Machine has scalable technology around games and gaming infrastructure, and this acquisition will enhance InfiniteWorld's ability to provide Web3 experiences and virtual world services to branded customers.

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