NEO is pleased to announce that Looking Glass Labs Ltd. (“LGL” or the “Company”), a Vancouver-based leading Web3 platform specializing in non-fungible token (“NFT”) architecture, immersive metaverse environments, and virtual asset royalty streams, is now listed on the NEO Exchange. LGL is available for trading under the symbol NFTX.
With a wealth of experience in NFTs and cryptocurrencies, LGL creates and issues NFT collections and provides a full range of support services to brands, artists and communities who require technical, legal, promotional or creative assistance. Additionally, through the Company’s NFT royalty streams, LGL earns a share of value each time NFTs change hands within certain ecosystems. The Company’s wholly owned subsidiary, House of Kibaa (“HoK”), is a digital studio that designs and curates a metaverse for 3D assets.
"Following a strategic review of a variety of exchanges, we selected the NEO Exchange on which to list the common shares of Looking Glass Labs,” commented Dorian Banks, CEO of Looking Glass. “We are excited to be listed on NEO because it’s a senior exchange that provides added liquidity and exposure for our investors, which is also expected to enable our continued growth in our core areas of the Metaverse, NFTs, and the blockchain. Management feels that NEO shares our passion for Web3 technologies and its endless range of opportunities, and we are looking forward to the increased visibility of trading on the NEO Exchange. Additionally, we expect this listing to provide LGL with the opportunity to reach a broader range of institutional and retail investors, while having greater access to capital."
Investors can trade shares of NFTX through their usual investment channels, including discount brokerage platforms and full-service dealers.
“The blockchain ecosystem continues to grow at an astonishing rate, and we are proud to support quality companies that are shaping the digital future,” remarked Jos Schmitt, President and CEO of NEO. “Looking Glass Labs is an innovator in this rapidly evolving field, and their decision to list on the NEO Exchange – Canada’s Tier 1 exchange for the innovation economy – was a strategic one. We wish them a warm welcome on this milestone day and look forward to serving as a catalyst for their growth as a publicly listed company.”
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About the NEO Exchange
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About Looking Glass Labs Ltd.
Headquartered in Vancouver, British Columbia, Looking Glass Labs is a leading Web3 platform specializing in non-fungible token (“NFT”) architecture, immersive metaverse environments, play-to-earn tokenization and virtual asset royalty streams. Its leading brand, House of Kibaa (“HoK”), designs and curates a next generation metaverse for 3D assets, which allows functional art and collectibles to exist simultaneously across different NFT blockchain environments.
Connect with Looking Glass: Website | LinkedIn | Twitter
View source version on businesswire.com: https://www.businesswire.com/news/home/20220203005180/en/
Contacts
NEO Media:
Aimee Morita
media@neostockexchange.com
