JP3E Holdings, traded on the Nasdaq over-the-counter (OTC) market, noted on the 13th that it is pursuing a strategic alliance and merger with domestic metaverse development corporation Metarock.
JP3E Holdings is a global investment company that invests in sectors such as tech, media, and healthcare. Recently, it has formed a partnership with Metarock, which has capabilities in metaverse technology and content development, focusing on digital transformation and next-generation platforms.
Metarock possesses technologies for developing metaverse-based platforms, establishing three-dimensional (3D) virtual environments, and providing artificial intelligence (AI)-based personalized content.
John Park, CEO of JP3E Holdings, said, “The metaverse will be an important platform for future society,” adding, “The merger with Metarock will be a critical turning point in realizing the company’s vision.”
The two companies plan to focus on integrating their assets and capabilities to build a global metaverse platform. They will sequentially unveil joint projects aimed at developing the metaverse platform, producing content, and expanding global services.