abc Co., Ltd.
Notice of business partnership with ZoomART Foundation and transfer of cryptocurrency assets
Transfers cryptocurrency assets to ZoomART and signs a business partnership. Transfer total value is 20,000,000 yen, settled in ETH after receipt and immediately converted to yen. Group's holdings of cryptocurrency assets are expected to be near zero. The joint venture includes RWA, aiming to build revenue foundations in new Web3 and RWA businesses through collaboration.
Key Figures
- Total assets to be transferred: 6,454 million yen
- Total consideration for transfer: 2,000 ten thousand yen
- Crypto asset holdings balance: near zero
AI要約
Overview of the business partnership
abc 株式会社 has resolved to enter into a business partnership with ZoomART Foundation. A joint project will be launched to utilize asset tokenization technology, including RWAs (real-world assets), with a focus on asset tokenization of real estate and other assets. By融合 the technical and market knowledge of both parties, the aim is to strengthen the use of Wowoo ecosystem tokens (ZMAT) and to expand liquidity and market scale.
Overview of the transfer and financial impact
The cryptocurrency assets held by our group will be transferred in full to ZoomART, with total consideration of 20,000,000 yen. The consideration will be received in ETH and converted to yen immediately, completing the actual cash recovery. As of the end of August, holdings of crypto assets are expected to be effectively zero. Please refer to the timely disclosure for details of any trading gains or losses arising from the transfer.
abc Co., Ltd.
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