Infinite Reality to acquire ReKTGlobal for $470m.

Infinite Reality, a metaverse innovation and entertainment company, agreed to acquire ReKTGlobal, an esports and entertainment conglomerate, for $470m. "The synergies across our combined business units from content creation to Web3 entertainment to APIs and more are awe inspiring. We look forward to working with ReKTGlobal's senior leadership to integrate our valuable combined assets and accelerate Infinite Reality's growth," John Acunto, Infinite Reality CEO.