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The Markets
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Tech

Looking Glass Labs appoints Ryan Lange as director of partnership for House of Kibaa; closes Web 3.0 Holdings acquisition

The company said Lange will be responsible for identifying and seeking out strategic partners across existing HoK products and brands to further grow its ecosystem

Looking Glass Labs Ltd (LGL) has appointed Ryan Lange as the director of Partnership for its wholly-owned subsidiary, House of Kibaa (HoK).

The company said Lange will be responsible for identifying and seeking out strategic partners across existing HoK products and brands to further grow its ecosystem.

Known for his digital work, Lange’s work has been featured on The Today Show, US Weekly, People Magazine, Dr. Oz, Forbes, and GQ. He has also helped to collaborate and launch major brand campaigns for Nike, Apple Music, Harmless Harvest, Carhartt, and Home Depot, the company added.

READ: Looking Glass Labs to acquire Web 3.0 Holdings Corp

“Experienced and passionate leaders are rare – and we believe Ryan is one of them. Knowing how professional and knowledgeable he is, we believe that he’ll fit right in with the HoK team and the overall organization,” Dorian Banks, CEO of LGL said in a statement.

“It has been a formative and exciting year for HoK and we expect that adding Ryan as Director of Partnerships will continue that trend,” added Banks.

The Vancouver-based company also said that it has completed the acquisition of 100% of Web 3.0 Holdings Corp. The acquisition was previously announced on August 9, 2022. As consideration, LGL issued an aggregate of 13,979,500 common shares at a deemed price of $0.15 per consideration share.

Additionally, the company noted that HoK was featured in an online article in Forbes on September 7, 2022, which also includes expert commentary from Neil Stevenson-Moore, chief business officer of HoK and chief product officer of LGL. The article outlines the increase in the worth of NFTs, despite the weak digital asset market and can be read here.

LGL is a Web3 platform specializing in non-fungible tokens, immersive metaverse environments, play-to-earn tokenization and virtual asset royalty streams. Its leading brand, House of Kibaa designs and curates a next-generation metaverse for 3D assets, which allows functional art and collectibles to exist simultaneously across different NFT blockchain environments.

Contact the author at jon.hopkins@proactiveinvestors.com

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