Briefly: says it has no exposure to FTX, Alameda

Photo by André François McKenzie on Unsplash.

Listed firm announced that it does not have any exposure to FTX, its affiliate Alameda Research, or its corresponding FTT token. invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming. Its cash balances are held in both US dollars and Canadian Dollars with a nationally chartered banking institution in Canada.

Staking operations occur within Metaverse operations occur within a subsidiary called Metaverse Group. Crypto gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through the sharing of resources and infrastructure across these business segments, is able to efficiently incubate these businesses from inception to revenue generation. –