Thursday, July 21, 2022

Tokens.com Corp. (SMURF)
Hulk Labs is Getting Stronger

Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

New Financing. Tokens.com’s management announced subsidiary Hulk Labs has completed a strategic financing round led by DV Investment Management. The total amount for the round was $750,000, with the pre-money valuation for Hulk Labs being at $8 million, according to management. The Company is participating in the round and will continue to own over 90% of the subsidiary. DV Investment Management represented themselves in the financing round.

Who is DV Investment Management? DV Investment Management is an affiliate of the DV Group of financial services companies, and serves as an independent proprietary trading firm. DV Group affiliates include two broker-dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser….

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.