Web3 Ventures Inc (TSE:OGG) has released an update.
Orthogonal Global Group Inc. has announced its strategic investment into the tokenization of the telecommunications minutes market with the purchase of MNT tokens, alongside the successful raise of $5 million by its portfolio company, Contango Digital Assets, for a fund focusing on AI and blockchain technologies. The investment in MNT tokens aims to decentralize the multibillion-dollar telecom minutes market, offering lower-cost termination charges. Meanwhile, Contango’s fund, with strong industry backing, targets the burgeoning synergy between AI and blockchain, underscoring Orthogonal’s commitment to pioneering developments in the digital and fintech space.
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