SEGG Media Launches $300M Strategy for Web3 and Digital Assets
SEGG Media Unveils $300 Million Web3 and Digital Asset Strategy
- SEGG Media announced a $300 million initiative focused on Web3 and digital assets, emphasizing on-chain yield and asset tokenization.
- The strategy aims to generate passive income and advance tokenization within its sports and entertainment ecosystem over two years.
- An 80/20 capital allocation will be used: 80% in a multi-asset crypto treasury with an initial focus on Bitcoin, and 20% for strategic acquisitions in media, gaming, and sports.
- The treasury plans to earn validator-based income through Ethereum, Solana, and ZIGChain.
- SEGG signed an agreement with ZIGChain to provide infrastructure for validator operations and tokenized asset programs.
Tokenization Initiative in Gaming and Entertainment
- SEGG aims to create a fully tokenized ecosystem connecting sports, gaming, and live entertainment.
- A four-phase rollout over 18 months includes activating a crypto advisory board, tokenization pilots, launching the Sports and Entertainment Exchange, and integrating tokenized revenue layers.
As of October 30, the top 100 public firms hold 1,048,686 BTC valued at approximately $113 billion. Notable holders include Michael Saylor's Strategy and Bitcoin miner MARA Holdings.
Crypto Traders Eye Best Wallet Presale
- Best Wallet Presale has surpassed $16.7 million, with tokens priced at $0.026 before its public launch.
- The platform offers AI-powered risk management and decentralized storage, aiming to disrupt the global custodial wallet market.