Digital asset management company ARAX Holdings Corp announced that it has acquired a 20% stake in the Metaverse platform The Nemesis and has the right to acquire an additional 11% stake.
As part of the deal, The Nemesis will be deployed on Core Blockchain, a platform owned by ARAX’s recently acquired subsidiary Core Business Holdings. ARAX announced the deployment of native Core Token in November.
The current deal will also involve Core Coin and Core Token’s official wallet, CorePass. As part of the agreement, ARAX will work with The Nemesis to develop a connector to CorePass using the Unity SDK. (CryptoSlate)