Alpha Token Capital invested in Carrieverse, a Web3 firm based in Seoul, South Korea that issued CVTX.
A token fund called Alpha Token Capital was established to back promising token projects that have already gone live on several exchanges. ATC aims to augment the cryptocurrency project’s overall worth and serves as a reliable strategic collaborator in its expansion.
Read also – eFishery acquires DycodeX an Indonesian IoT firm driven by AI
The deal’s total value was not made public. Alpha Token Capital will strategically invest in Carrieverse and make a cryptocurrency investment in CVTX through this cooperation. Apart from the investment, Carrieverse will also benefit from strategic cooperation in international company development through the use of Alpha Token’s network and collaborations with key opinion leaders (KoLs), exchange listings, marketing, and community.
Read also – Israeli firm BigID secures $60 million in funding
Web3 firm Carrieverse is led by CEO David Yoon. With over 30,000 DAUs in Southeast Asia, its virtual asset CVTX serves as a governance token for its proprietary Web3 gaming platform “Cling.” This platform also includes the Web3 metaverse “Carrieverse” and the card strategy role-playing game “Super Kola Tactics,” which is set to launch globally in the second quarter.
About Alpha Token Capital
Alpha Token Capital is a token fund started to support promising token projects that are already listed in different markets.