Listed blockchain and cryptocurrency investment firm Tokens.com has announced a groundbreaking agreement to acquire a 50% stake in supermarket real estate firm Metaverse Group valued at more than $ 1.6 million.

Tokens.com is expected to benefit from this purchase – arguably the highest purchase by a virtual real estate company – by developing real estate opportunities for retail public investors who are finding a more accessible approach to unusable tokens or NFTs and decentralized funding. or DeFi, assets.

Metaverse Corporation operates a service that is similar to a traditional real estate company in many ways Acquisition, development and asset management as well as marketing and advertising services. However, the team is very different due to the introduction of blockchain technology, games, NFT, as well as myriad other technologies that comprise the meta-universe.

Although the very definition of the metaverse is still evolving to achieve a unified consensus, the technology is viewed, at least for now, as a three-dimensional virtual environment in which users can interact and communicate and make progress. Fortnite and Roblox gave us a glimpse into this world, as did Ernest Cline’s novel Ready Player One.

Metaverse Corporation owns a collection of land and lots valued in some of the most popular Metaverse games in the world: Decentraland, The Sandbox, and Somnium Space, with global headquarters among others, their demand is in Decentraland’s Crypto Valley.

Andrew Kiguel, CEO of Tokens.com, provided some insight into the potential impact of the space:

“Metaverse is a game changer for the way advertisers and brands market their products. The more people gather in these virtual cities, the more coveted the country becomes for its ability to reach a new global population. The Metaverse Group has the potential to make a great landlord and developer using the same strategies real estate managers use. “