Thai media giant T&B Media Global has completed a $300 million financing round and will launch the metaverse platform Translucia

Chain Catcher news, Thailand's media giant T&B Media Global has completed a $300 million financing through a "hybrid equity-NFT" structure. T&B Media Global stated that the funds will be used to launch its brand new internet metaverse platform, Translucia.

It is reported that the Translucia platform aims to provide partners with a Launchpad to leverage blockchain infrastructure to build an interconnected metaverse. Switzerland-based digital asset bank Sygnum will provide T&B Media Global with digital asset services, including the construction of the "hybrid equity-NFT" structure, development of the metaverse token economic model, and token custody services, among others. (techinasia)