Bitsum Meta, the Korean subsidiary of Bithumb, announced that it has reached a strategic partnership with LG CNS, CJ OliveNetworks, and Dreamus, a subsidiary of SK Square, and has attracted a total investment of 9 billion won. By obtaining this investment, Bitsum Meta plans to establish strategic alliances with various companies to enhance technological competitiveness and promote new businesses.
According to the cooperation agreement, Bitsum Meta will cooperate with LG CNS to develop an NFT trading platform, CJ OliveNetworks will be responsible for NFT production solutions, as a content partner, Dreamus, which operates the music and audio platform FLO, plans to develop content, and will work with Bitsum Meta to develop meta Cosmic platforms combine and collaborate in the field of music intellectual property (IP).
It is reported that Bitsum Meta is a metaverse platform established by Bitsum Korea with a sole investment of 17 billion won in February.