Media giant T&B Media Global enters Metaverse with US$300m hybrid equity-NFT raise led by Sygnum

Sygnum, a digital asset technology group with a Swiss banking licence and a Singapore capital markets services (CMS) licence, announces it is partnering Thai media and entertainment group T&B Media Global to raise over US$300 million to fund its new interconnected Metaverse platform. The raise uses a unique structure hybridising equity and non-fungible tokens (NFTs) like metaverse land NFTs into a financial instrument.

  • The new platform enables partners to build interconnected metaverses, with prominent real estate developer Magnolia Quality Development Corporation (MQDC) joining as first corporate partner
  • Corporates and investors now have a novel and regulated financial instrument to fully participate in the global Metaverse opportunity that is projected to reach USD 5 trillion by 2030[1], according to McKinsey & Company
  • Sygnum now provides a corporate finance solution for issuers seeking to raise capital via unique Web3-native fundraising structures

Launch of an interconnected metaverse universe that bridges the real and virtual worlds

T&B Media Global’s new platform, Translucia, provides partners a launchpad to leverage its blockchain infrastructure and build an infinite universe of interconnected metaverses. Balancing business and societal outcomes, Translucia incorporates entertainment with ‘participate-to-earn’ self-improvement activities to promote happiness, wellness and prosperity among users, while creating new revenue streams for partners by blending real-world experiences with digital worlds.

Translucia’s first partner, MQDC, is a leading real estate developer in Thailand with a portfolio of over 20 projects across residential and hospitality developments. MQDC will develop a metaverse within Translucia consisting of a virtual city that connects digital buildings with its real-world property projects and experiences.

Bridging traditional and digital assets with Web3-native fundraising structures

Sygnum will provide T&B Media Global an end-to-end corporate finance solution called Strategic Digital Assets Solutions. It includes advising and setting up of the hybrid equity-NFT structure, developing metaverse token economic models and providing institutional-grade custody for traditional securities and tokens. Sygnum will also lead the fundraise by managing Translucia’s roadshow, and provide professional investors and strategic partners aligned with Translucia’s vision access to the platform and investment opportunity.

said: “Immersive metaverse experiences require tokens and other forms of digital assets to facilitate interactions within digital worlds. This affords metaverse developers the capability to structure fundraising for their projects in exciting new ways – combining traditional financial market instruments with token generation events – and also enables investors to fully participate in the global metaverse opportunity. We are excited to partner T&B Media Global to accelerate the growth of their metaverse universe, and to bring to market a new way for raising capital in a fully-regulatory compliant manner.”

Gerald Goh, Sygnum Co-Founder and CEO Singapore

said: “A good company extends beyond just good products and financials – it includes the driven, nurturing hearts of its people working together to build something amazing. From the moment I met the Sygnum team, I knew they were a perfect fit and would be excellent stewards of our equity-NFT fund raise.”

Dr Jwanwat Ahriyavraromp, Founder and CEO of T&B Media Global and Translucia

Launched in June this year, Sygnum’s Strategic Digital Assets Solutions is enabled by its expanded CMS licence for the activities of advising on corporate finance, dealing in capital markets products and providing custodial services, all 3 of which Sygnum received full approval for by the Monetary Authority of Singapore earlier in May. This is on top of the fund management licence that Sygnum received in October 2019.

References

[1] McKinsey & Company Report – Value Creation in the Metaverse, June 2022

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About Sygnum

Sygnum is the world’s first digital asset bank, and a digital asset specialist with global reach. With Sygnum Bank AG’s Swiss banking licence, as well as Sygnum Pte Ltd’s capital markets services (CMS) licence in Singapore, Sygnum empowers professional and institutional clients or qualified investors (e.g., corporates, banks, and other financial institutions) to invest in the digital asset economy with complete trust. Sygnum operates an independently controlled, scalable, and future-proof regulated banking platform. Our interdisciplinary team of banking, investment, and Distributed Ledger Technology (DLT) experts is shaping the development of a trusted digital asset ecosystem. The company is founded on Swiss and Singapore heritage and operates globally. To learn more about Sygnum, please visit www.sygnum.com.

Media Contact:
Dominic Castley
T: +41 58 508 21 01
E: [email protected]

Sygnum Bank AG
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About T&B Media Global (Thailand)

T&B Media Global is the “Home of Happy,” where creativity and happiness meet. With storytellers and creatives led by Dr. Jwanwat Ahriyavraromp, its Founder and CEO, T&B Media Global finances and curates exceptional and innovative content from around the world, drawing on a wide network of partners in Thailand and China, and a global network of creative talent. T&B Media Global strives to become a main proponent in spreading happiness around the world by investing in family-friendly content and groundbreaking technologies, while also supporting projects that contribute to the environment, children, and the benefit of all beings.

Disclaimer

This document is purely for educational purposes and has been issued by Sygnum Group. It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a marketing communication. It does not constitute an offer or a recommendation to subscribe, purchase, sell or hold any security or financial instrument. It contains the opinions of Sygnum Group, as at the date of issue. These opinions and the information contained herein do not take into account an individual‘s specific circumstances, objectives, or needs. No representation is made that any investment or strategy is suitable or appropriate to individual circumstances or that any investment or strategy constitutes personalized investment advice to any investor. Therefore, you must verify the above and all other information provided in the document or otherwise review it with your external advisors. Some investment products and services, including custody, may be subject to legal restrictions or may not be available worldwide on an unrestricted basis. The information and analysis contained herein are based on sources considered as reliable. Sygnum Group uses its best efforts to ensure the timeliness, accuracy, and comprehensiveness of the information contained in this document. Nevertheless, all information indicated herein may change without notice.

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