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 03:23:56Carbon News

On August 4, the metaverse infrastructure platform InfiniteWorld plans to go public through a SPAC (special purpose acquisition company), which hopes to conduct a SPAC with Aries I Acquisition Corporation (RAM) and raise $145 million in the public market.In addition, InfiniteWorld also announced the acquisition of game studio Super Bit Machine, but the specific acquisition amount has not been disclosed.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.(venturebeat)

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