MetaWorks Platforms Closes Acquisition of AI-Powered Avatar Metaverse Platform, UtopiaVR

July 6, 2023

Asset Acquisition Includes Patent Pending Metaverse Related Technology.

Fairfield, CA., July 06, 2023 (GLOBE NEWSWIRE) — MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (CSE: MWRK and OTCQB:MWRK), an award-winning Web3 company that owns and operates platforms in the entertainment & technology space, is pleased to announce that it has closed the asset purchase of the AI-Powered Avatar Metaverse Platform UtopiaVR.com from Apex VR Holdings, Inc. The terms of the deal were disclosed in the Company’s recent Form 8-K filing.

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