Singapore NFT Sports Platform XRU Acquired by Southeast Asian Cryptocurrency Fund

According to reports, the Singapore NFT sports platform XRU, established in April 2022, has been fully acquired by a Southeast Asian cryptocurrency fund, which has also participated in XRUN’s new round of strategic financing. However, the specific terms and amount of the acquisition transaction, as well as the information of the acquiring party, have not been publicly disclosed. XRUN has previously raised millions of dollars in financing, with investors including Bitin Capital in Singapore, BlockACE Capital, Block Patch in South Korea, Skyline Capital in the UK, etc. It is reported that after the completion of this transaction, the XRUN brand will be upgraded to FitVerse Sports Fitness Metaverse. （cryptosaurus）

Singapore NFT sports platform XRUN is fully acquired by a Southeast Asian cryptocurrency fund

According to reports, the Singapore NFT sports platform XRU has recently been fully acquired by a Southeast Asian cryptocurrency fund. This acquisition is said to have taken place in April 2022 and has also involved the fund’s participation in XRUN’s new round of strategic financing. However, the specific terms and amount of the acquisition transaction, as well as the information of the acquiring party, have not been publicly disclosed. XRUN has previously raised millions of dollars in financing, with investors including Bitin Capital in Singapore, BlockACE Capital, Block Patch in South Korea, Skyline Capital in the UK, etc.

What is XRU?

XRU is a Singaporean NFT sports platform that was established in 2022. It is designed to provide a new type of sports and fitness experience that is based on blockchain technology. XRU combines sports, games, and NFT technology to create a unique experience for users. The platform allows users to buy, sell, and trade sports-related NFTs. It also provides users with various sports-related gaming features, such as virtual competitions and rewards for good fitness habits.

The Acquisition of XRU

The acquisition of XRU by a Southeast Asian cryptocurrency fund represents a significant step forward for the company. With the acquisition, XRU will get access to the resources and support that can help it continue to grow and become a leading player in the NFT sports industry. The acquisition will also strengthen XRU’s position in the Southeast Asian market and enable it to expand its reach beyond Singapore.

Upgrade: Meet FitVerse Sports Fitness Metaverse

After the acquisition is completed, the XRUN brand will be upgraded to FitVerse Sports Fitness Metaverse. This upgrade is expected to bring new features and opportunities for sports and fitness enthusiasts. The FitVerse Sports Fitness Metaverse will integrate NFT technology with fitness equipment and sports-related products to provide a new level of digital sports and fitness experience. The exact details of the new platform’s features and services are yet to be announced.

XRU’s Investment Journey

XRU has been actively seeking funding since it was established. The company has already attracted investments from several well-known investors in the industry. Some of its investors include Bitin Capital in Singapore, BlockACE Capital, Block Patch in South Korea, and Skyline Capital in the UK. The latest acquisition by the Southeast Asian cryptocurrency fund is expected to fuel XRU’s growth and take the company to the next level.

The Future of NFT Sports platforms

The acquisition of XRU by a Southeast Asian cryptocurrency fund underscores the growing interest in NFT sports platforms. These platforms are becoming increasingly popular among sports enthusiasts who want to be part of the digital sports industry and leverage blockchain technology. NFT sports platforms offer a unique opportunity to combine sports, gaming, and NFT technology and create a new kind of sports experience.

FAQ

Q: What is XRU?
A: XRU is a Singaporean NFT sports platform that provides a new type of sports and fitness experience based on blockchain technology.
Q: Who acquired XRU?
A: XRU has recently been fully acquired by a Southeast Asian cryptocurrency fund. The specific terms of the transaction have not been publicly disclosed.
Q: What will XRU be called after the acquisition?
A: The XRUN brand is expected to be upgraded to FitVerse Sports Fitness Metaverse after the acquisition.

Conclusion

The acquisition of XRU by a Southeast Asian cryptocurrency fund represents a significant development in the NFT sports industry. The move is expected to fuel XRU’s growth and take the company to the next level. The FitVerse Sports Fitness Metaverse upgrade is promising to revolutionize the digital sports industry and create new opportunities for sports and fitness enthusiasts worldwide. As NFT sports platforms continue to gain popularity, we can only expect more exciting developments in this space.