XR CLOUD developer’s listing plan gets regulatory approval

Japan-based monoAI technology, which develops an XR CLOUD metaverse platform, has got the greenlight from the Tokyo Stock Exchange to list on the Growth Market, the company said on November 15.
The listing is scheduled for December 20.
The XR CLOUD platform provides virtual spaces based on a proprietary large-scale VR space sharing technology. According to monoAI technology, it caters for business users such as large event organizers and virtual stores which often look for instant and high-speed connection among a large number of users.
The system offers two-way voice conversation, text communication and virtual venues for lectures and exhibitions. It was used at a social event in March 2021 for the opening ceremony of the Graphics Literacy Education and Research Center at Kobe University’s Graduate School of Engineering, and at a virtual fan event for the local VTuber unit “Nihon Retsujima” held by Chukyo TV in June of the same year.
The total number of authorized shares is 3,489,880, and the total number of issued shares is 8,723,220 as of November 15. The total number of shares outstanding at the time of listing was 9,923,220 shares, including shares offered to the public. The number of shares per unit is 100 shares. The shareholder registry administrator is Mizuho Trust & Banking, the auditor is Kagayaki Audit Corporation, and the lead transaction participant is SMBC Nikko Securities.
monoAI Technology expressed its gratitude to all of its stakeholders for their support since the company’s founding. “We will continue to make every effort to improve our corporate value and meet everyone’s expectations,” it said in a statement.
Nike leads D&G, Tiffany and others in revenue from NFT sales
Hakuhodo DY Holdings, VRC to jointly develop 3D avatar services
‘REALITY XR cloud’ new service aims to help clients hold metaverse-based events
Binance signs NFT partnership with Portuguese football star Cristiano Ronaldo
GameStop launches NFT marketplace
Meta to hold Metaverse Expo Japan 2022
Japan’s economy ministry establishes Web3 policy office
Hackers have stolen US$86m worth of NFTs since 2020: report
Animoca Brands KK raises US$45m from investors including MUFG Bank
RTFKT to launch Clone X Forging Season One
Japanese university starts issuing NFT certificates
Nike leads D&G, Tiffany and others in revenue from NFT sales
NEO TOKYO CLASH event gives Shibuya crossing cyberpunk twist
Manga, anime artists launch Web3-based project
JR West to showcase virtual Osaka Station in summer VR show
Collaboration aims to bring global anime fans to Virtual Akihabara
Meta’s Horizon Worlds expands to UK
Game studio Murasaki B.V. raises 1.5 million euros in seed round
Mark Zuckerberg releases new avatar after original version mocked online
The Sandbox invests US$1.7m in Hong Kong firm to build metaverse
BŌSŌ TOKYO jazzes up Shibuya Scramble Crossing with XR and NFTs – an interview with the pioneers in unprecedented project
Hello Kitty and Friends NFTs to be released in August
Collaboration aims to bring global anime fans to Virtual Akihabara
Japanese university starts issuing NFT certificates
Mark Zuckerberg releases new avatar after original version mocked online
Nike leads D&G, Tiffany and others in revenue from NFT sales
[NFT.NYC] From oil painting to NFT, Goro recounts his journey and imagines how the world will look like in 50 years
Meta’s Horizon Worlds expands to UK
JR West to showcase virtual Osaka Station in summer VR show
Netflix K-drama Extraordinary Attorney Woo launches NFTs to raise autism awareness