RE: Admix merges with Landvault in $300m merger21 Jun 2022 09:30
Unfortunately not Helx2.
I do hold both RGO and PIRI though, and am pleased to see the Admix deal.
The $300m valuation and all that means will become clear in the next few days I am sure, but it does show the power of in-game ads and The Metaverse'...
As for Admix, I believe there last raise valued the company at 10 times revenues and was above £50m so we can make of that what we wish.
Admix has also managed to bring in new revenue streams such as selling a 'billboard' within The Metaverse for I believe £65,000 where the buyer shares a revenue stream ongoing for any ad's placed... Clever or foolish we shall see.
I would expect this 'deal' to be good for the space and logically Bidstack should get some positive spin from it happening.