Announced
Completed
Financials
Tags
Single Bidder
Web 3.0 infrastructure
Domestic
Private
Majority
Joint Venture
Completed
IT Services: Other
Friendly
United States
Synopsis
Source Protocol, a multi-chain and interoperable DeFi ecosystem with automated protocols designed for user, and EonXI Lab, an innovation studio that develops disruptive Web3, gaming, and blockchain companies, formed SourceWorld, a company in building enterprise-grade Web 3.0 infrastructure and products. Financial terms were not disclosed. SourceWorld's vision is to create and drive global access to decentralized virtual environments, enabling users to interact on endless levels, ranging from enterprise business, to gaming and metaverse, interactive entertainment settings, finance, education, governance, and more. Through their joint efforts in developing the next generation of Web 3.0 global technology solutions, the team of 30+ will help Web 2.0 organizations navigate and adopt decentralized products and processes to improve their transparency, access, equity, and economic scale.
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