Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
VIP Entertainment Technologies Inc ( (TSE:VIP) ) has provided an announcement.
VIP Entertainment Technologies Inc. has secured global operating, publishing and service rights for its blockchain-enabled digital content platform Alchemist Republic, entitling it to 80% of platform revenues while collaborating with Korean and broader Asian game studios to distribute Web3-enabled games worldwide. In parallel, VIP has launched a comprehensive renewal of the Alchemist Republic platform, targeting a grand reopening in the second half of 2026 with a new UI/UX, integrated Web3 wallet support and improved cross-platform architecture, positioning the platform as infrastructure for small and mid-sized game studios and advancing VIP’s strategy to build a global Web3 entertainment ecosystem, subject to TSX Venture Exchange approval.
More about VIP Entertainment Technologies Inc
VIP Entertainment Technologies Inc. is a Vancouver-based company in the digital entertainment and gaming technology sector, currently undergoing restructuring under new management with a focus on stabilizing its financial position, restructuring debt, and building global digital content platforms. The company aims to enhance shareholder value through strategic partnerships and innovation in Web3-enabled game distribution and digital content services.
Average Trading Volume: 426,554
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$140.3K
For an in-depth examination of VIP stock, go to TipRanks’ Overview page.