TOKENS COM CORP - SMURF STOCK NEWS

Tokens.com Corp. (OTCQB: SMURF) has successfully closed a private placement, raising CAD$16.0 million. The offering included 17,157,345 Units at CAD$0.90 each, with net proceeds aimed for metaverse assets, cryptocurrencies for staking, and general corporate needs. The company’s CEO, Andrew Kiguel, expressed enthusiasm for expanding their investments in NFTs and DeFi. The offering was led by Stifel GMP and others, with a portion of proceeds linked to an over-allotment option. All securities are subject to a four-month hold period.

Tokens.com Corp. (OTCQB: SMURF) is set to build the Tokens.com Tower in Decentraland's Crypto Valley. This NFT-based tower aims to generate revenue through leasing, rentals, and advertising. With a 50% ownership stake in the land, Tokens.com plans to host metaverse-based events, driving brand exposure. The construction is underway, with completion expected by early 2022. CEO Andrew Kiguel emphasizes the necessity of a metaverse presence for future corporate strategies, seeking to attract top technology firms to the region.

Tokens.com Corp. (OTCQB: SMURF) announced the acquisition of 833 million SHIB tokens on November 3, 2021, marking it as a pioneering move to provide investors with exposure to this popular cryptocurrency. Shiba Inu (SHIB) has a market cap exceeding $30 billion and operates on an environmentally friendly platform. The company plans to stake these tokens to generate additional income, tapping into the growing DeFi and NFT markets. CEO Andrew Kiguel emphasized SHIB's strong community support and strategic value as a low-cost investment.

Tokens.com Corp. reports strong Q3 2021 results with a 65% growth in digital asset inventory. The company achieved a net income of $4.1 million ($0.05 per share) and a comprehensive income of $6.3 million. Significant events include the purchase of a 50% stake in Metaverse Group and trading commencement under ticker SMURF. The company remains optimistic about the growth potential of DeFi and NFTs, with an expected increase in revenues from crypto staking.

Tokens.com Corp. reported significant gains in its Q3 cryptocurrency staking operations, with top tokens appreciating as follows: Bitcoin (25.0%), ETH (32.0%), Polkadot (74.2%), Binance Coin (27.5%), and Oasis Rose (178.1%). Overall, the digital asset inventory appreciated by 57.3%, yielding a 19.5% annualized return on capital deployed in staking. The company also began trading on the OTCQB under symbol ‘SMURF’ and acquired a 50% stake in Metaverse Group, a blockchain virtual real estate firm. Q3 financial results will be announced on November 5, 2021.

Tokens.com Corp. has successfully acquired a 50% stake in Metaverse Group, a pioneering virtual NFT real estate company, for CAD$1,680,000. The transaction involved the issuance of two million common shares at CAD$0.84 each, marking one of the highest-value investments in the metaverse sector. Metaverse Group holds significant virtual real estate across major blockchain platforms and provides various services including development and management. CEO Andrew Kiguel highlighted the strategic importance of this acquisition as the metaverse revolutionizes marketing and real estate.

Tokens.com Corp. has achieved DTC eligibility for its common shares, enhancing the trading process for its investors on the OTCQB market. This milestone will facilitate an accelerated settlement process, allowing for electronic transfer of shares in the U.S. The company aims to increase liquidity and reduce restrictions for new U.S. investors. CEO Andrew Kiguel expressed optimism about broadening the shareholder base and improving the liquidity of Tokens.com shares. The company is also in the process of closing an investment in Metaverse Group, expanding its digital asset inventory.

Tokens.com Corp. (OTCQB: SMURF) has announced its membership as a founding member of the Metaverse Association, aimed at fostering blockchain advancements and public policy improvements in the metaverse arena. The company emphasizes its commitment to providing investors with exposure to crypto assets, particularly in Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs), linking these assets to opportunities in metaverse real estate. CEO Andrew Kiguel highlighted the merging of NFTs and the metaverse as a significant growth area for investors.

Tokens.com Corp. (OTCQB US: SMURF) has entered into a letter of intent to acquire a 50% stake in Metaverse Group through a share swap, marking a significant move in the Metaverse real estate sector. This acquisition is considered one of the largest in Metaverse land history and will enhance Tokens.com's asset portfolio in NFTs and digital real estate. Metaverse Group specializes in virtual property development and is working on launching the first Metaverse Real Estate Investment Trust. The transaction is expected to close in Q4 2021.