Agreements reached under this partnership
Business alliance- 1
Promotion of joint business activities in the RWA (real-world assets) and Web3 fields
- 2
Enhanced use of the Wowoo ecosystem and ecosystem tokens, including ZMAT
- 3
Building an earnings base and enhancing corporate value through collaboration
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
For the impact of this transfer on financial results, please refer to the notice dated the same day titled “Notice Regarding the Recognition of Extraordinary Income (Gain on Receipt of Crypto Assets) and Non-Operating Expense (Loss on Sale of Crypto Assets) Arising from the Transfer of Crypto Assets.”
| Item | Details |
|---|---|
| Name of alliance partner | ZoomART Foundation |
| Alliance partner's business activities | Tokenization and operation of real-world assets (RWA), primarily art works |
| Alliance partner's location | Panama City, Republic of Panama |
| Alliance partner's capital | US$10,000 |
| Alliance partner's net sales | Not disclosed at the request of the counterparty. |
| Alliance partner's operating income | Not disclosed at the request of the counterparty. |
| Type of alliance | Business alliance |
| Details of the alliance | Promotion of joint business activities in the RWA (real-world assets) and Web3 fields, Enhanced use of the Wowoo ecosystem and ecosystem tokens, including ZMAT, Building an earnings base and enhancing corporate value through collaboration |
| Date of board resolution | 28 August 2026 |
| Contract Date | 28 August 2026 |
| Impact on Business Performance | For the impact of this transfer on financial results, please refer to the notice dated the same day titled “Notice Regarding the Recognition of Extraordinary Income (Gain on Receipt of Crypto Assets) and Non-Operating Expense (Loss on Sale of Crypto Assets) Arising from the Transfer of Crypto Assets.” |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Group needed to make an early bulk sale in view of liquidity and market prices in connection with its complete withdrawal from the crypto-asset dealing business. In addition, the Group aims to strengthen its relationship with ZoomART, accelerate the growth of its Web3 business, expand the RWA ecosystem, and enhance its earnings base and corporate value.