TOKENS COM CORP - SMURF STOCK NEWS

Tokens.com, a publicly traded company focused on web3 assets, will attend the W3BX Investor Summit and Expo from October 10-13 at Wynn Las Vegas. CEO Andrew Kiguel will deliver a keynote speech alongside industry leaders from Mastercard, Amazon Web Services, and more. The summit will include keynotes, panels, and discussions featuring over 100 companies in the web3 space, attracting venture capitalists and NFT collectors. Tokens.com will have a booth (number 218) for direct engagement with attendees.

Tokens.com Corp. (OTCQB: SMURF) shares a positive outlook on the upcoming Ethereum Merge, scheduled for September 15th. This significant upgrade will transition Ethereum from a proof-of-work to a proof-of-stake mechanism, reducing energy consumption by 99.9%. Tokens.com, which owns over 3,100 ETH, anticipates increased revenues post-Merge due to higher staking compensation. CEO Andrew Kiguel emphasizes their commitment to environmentally friendly processes and the long-term potential of Web3 and crypto.

Tokens.com Corp. (OTCQB: SMURF), a leader in Web3 investments, announces CEO Andrew Kiguel will speak at Canada's Elevate Festival 2022, taking place from September 20-22 in Toronto. The festival connects arts and technology, featuring innovators like Serena Williams and Chris Hadfield. Kiguel's presentation on September 21 at 12:20 PM will cover blockchain evolution and introduce Tokens.com to potential investors. Founded in 2017, the Elevate Festival is the largest of its kind in Canada, showcasing dialogues by global thought leaders.

Tokens.com Corp. (OTCQB: SMURF) reported a Q2 2022 revenue of $251k, up from $201k in Q2 2021. Despite the revenue growth, the company faced significant challenges, including a non-cash revaluation loss of digital assets amounting to $12.5 million and a realized loss of $1.7 million from digital asset disposition. The net loss for the quarter was $11.5 million, with a net loss per share of $0.12. Management remains focused on expanding its business segments amid adverse market conditions.

Tokens.com (OTCQB: SMURF), a public company focusing on Web3 crypto assets, will announce its Q2 2022 financial results on August 15, 2022. The results will be discussed in an investor call led by CEO Andrew Kiguel on August 16, 2022, at 10:00 am ET. Tokens.com invests in NFTs, Metaverse assets, and crypto, holding a significant stake in Metaverse Group and Hulk Labs, which focuses on gaming tokens. This release ties into the company's strategy to provide investors an avenue to access Web3 investments directly.

Tokens.com (OTCQB US: SMURF) announced that its subsidiary, Hulk Labs, has completed a strategic financing round led by DV Investment Management. This is the first instance of Hulk Labs raising capital outside of Tokens.com, which remains its majority owner with over 90% equity. The funds will be allocated to yield-generating play-to-earn assets and expanding gaming teams. Despite current market volatility, the company remains committed to investing in high-growth Web3 businesses, particularly in the play-to-earn gaming sector.

Tokens.com (OTCQB: SMURF) has announced the acquisition of Playte Group, a company focused on building tools for the play-to-earn (P2E) economy. The deal involves the issuance of 1 million shares, with performance-based milestones for further shares. Playte will enhance Tokens.com's subsidiary, Hulk Labs, by integrating its platform for player management in Africa. This acquisition aligns with Hulk Labs' strategy to lead in P2E gaming technology and capitalizes on the growing interest in the play-to-earn market.

Tokens.com Corp. (OTCQB: SMURF) appointed Martin Bui as Chief Financial Officer, effective August 1, 2022. Bui previously worked at Hut 8 Mining Corp, managing financial reporting and operational finance. His background in tech and cryptocurrency will enhance Tokens.com’s finance team as it invests in Web3 and Metaverse assets. CEO Andrew Kiguel expressed excitement about Bui's industry experience, which aims to create more value for shareholders. Ian Fodie will assist during the transition as a financial consultant.

Tokens.com Corp. (OTCQB: SMURF) has successfully migrated most of its liquid staking assets to Fireblocks. This transition aims to leverage Fireblocks' robust administrative protocols and enhanced security features. Fireblocks, which has raised over $1 billion and serves 1,300 institutional clients, ensures compliance with international standards and has achieved a SOC 2 Type II certification. Tokens.com focuses on investments in Web3, NFTs, and the Metaverse, and is also the majority owner of the Metaverse Group and the owner of Hulk Labs.