| james -- CODEBASE REBRANDS AS CYPHER METAVERSE INC. - New Cypher Metaverse brand builds upon the Company’s investment thesis and its current investment portfolio
- Early-stage investments within emerging DeFi and Metaverse Ecosystems align with new identity – Trading symbol CSE: CODE remains the same
- Extensive collaboration with Company advisors continues to identify leading edge investment opportunities guided by the positioning statements Digital. Connection. DeFi.
VANCOUVER, BC, CANADA (March 21st, 2022) – Cypher Metaverse Inc. , formerly Codebase Ventures Inc. ("Cypher" or the "Company") (CSE: CODE - FSE: C5B – OTCQB: BKLLF) is excited to announce that the Company has rebranded as Cypher Metaverse Inc., which better represents its updated investment thesis. Working extensively with the Company’s advisors to shape the investment thesis and identify key early-stage investments including those within the DeFi and Metaverse ecosystems, leadership determined that the Company would be better suited to an identity that aligns with those investments. Cypher Investment Thesis The rapid development in blockchain technology within the financial sector and the emergence of decentralized finance (DeFi), has allowed millions of previously unbanked and underserviced populations to take part in the new decentralized financial system. Similarly, to how the internet drastically changed the way humans interacted and did business with one another in the late 90’s, Cypher believes DeFi and blockchain technology will do the same for finance in the near future. In response to its company thesis, Cypher has begun accumulating key investments in some of the largest DeFi protocols in the ecosystem. With these investments, Cypher anticipates the ability to profit, and hopes to position the Company to have the ability to participate in the governance decisions within these protocols, shaping the future of DeFi as it matures. As global companies such as Meta Platforms pivot towards focusing on developing the metaverse, Cypher’s technology advisors have identified and initiated discussions around key investments of strategic assets within the metaverse. Cypher’s anticipated investments will be guided by the ability to secure exclusive rights to assets within the metaverse, all with the capacity to build, explore, and create new partnerships and opportunities within the space. About Cypher Metaverse Inc. Cypher Metaverse Inc. seeks early-stage investments in emerging technology sectors, including the blockchain ecosystem, fintech and the metaverse. The Company identifies such opportunities and applies its relationships and capital to advance its interests. www.cypher-meta.com For further information, please contact: George Tsafalas - Ivy Lu Corporate Communications Telephone: Toll-Free (877) 806-CODE (2633) or 1 (778) 806-5150 E-mail: INFO@cypher-meta.com |