AI-powered social sports platform Infinite Reality acquired Web3 game project Stakes for $8 million in stock. The all-stock deal values Infinite Reality at $3 billion and Stakes at $8 million.
Infinite Reality CEO John Acunto said the acquisition of Stakes will help Infinite Reality implement its innovative digital experiences and immersive sports offerings, as well as integration with blockchain and Web3.
Infinite Reality Acquires Stakes for $8 million in Stock
2024-04-16 12:56:03
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