Vertex Labs, a UK-based Web3 and AI infrastructure company, has acquired Digimental Studio, the creative force behind the 3D NFT fashion brand Hape, for $12 million. The acquisition is expected to strengthen Vertex Labs’ position as a provider of Web3 and AI infrastructure worldwide.
Digimental Studio will merge with Vertex Labs’ metaverse protocol, Vertex Network, and 3D metaverse platform, LightCycle, with Digimental taking the lead on the creation and development of LightCycle.
Hape will introduce a new staking program for its community members and continue collaborations with fashion and lifestyle brands. The integration of the $CMP token into Hape’s ecosystem will allow token holders to purchase on-chain digital clothing within the Hape marketplace using $CMP.
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