Headline: BIGG Digital Assets to Acquire TerraZero Technologies Inc.
Date: 25/08/2023
Type: Acquisition
Acquiror: BIGG Digital Assets Inc.
Target: TerraZero Technologies Inc.
Target Services: Web3
Valuation: $20m
Country: Canada
Continent: North America
Target Industry: Web3/Metaverse
Rationale: The addition of TerraZero as a wholly-owned subsidiary of BIGG gives shareholders further diversity and reach into the metaverse business.
Summary: BIGG acquires TerraZero to strengthen its position in the metaverse market and leverage TerraZero’s Intraverse technology ecosystem.