Treasure Global announces plan to acquire 100% shareholding of WKW

Treasure Global announces its plan to acquire 100% shareholding of Who Knows Wins, WKW, a privately held company based in the United Kingdom. Who Knows Win is an online platform operator of an interactive focused social sports platform. The Company plans to leverage WKW’s innovative platform to penetrate the US market, aligning with major gaming brands to drive growth. The acquisition of WKW aligns with the Company’s strategic vision of leveraging innovative technologies to drive revenue growth, expand in the USA, and further explore opportunities to position WKW as a key player in the sports engagement and gaming industries. WKW has built a unique, proven, and robust proprietary technology platform. Their operating system uses a complex ecosystem of game logic and APIs to create a proprietary ‘Game Engine’ that drives the app. Key features of this platform include real-time scores via a live sports data feed, integration with social platforms, settlement, notifications, and live-action reporting, complex gameplay logic and market setup, anti-money laundering measures, and third-party payment integration.