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JP3E Completes $300 Million (Certified, Appraised) Khan Gallery Asset Acquisition for Tokenization, Primed for MetaRock's Exclusive, Decentralized Blockchain-Powered Tokenization Facility
Prism Media Wireยท 2025-08-08 16:57
Company Overview - JP3E Holdings, Inc. has completed the acquisition of rare artwork from the Khan Gallery valued at $300 million, exchanging it for 150 million shares of JP3E common stock at $2.00 per share [3][4] - The acquired collection consists of 20,000 pieces of rare artwork, some over 6,000 years old, with more than half appraised [4][6] - The acquisition is facilitated through MetaRock's decentralized blockchain-powered tokenization facility, aimed at enhancing liquidity and sales for these high-value assets [4][7][8] Industry Insights - The Real-World Asset (RWA) tokenization market is projected to reach $16 trillion by 2030, potentially accounting for 10% of global GDP, indicating significant growth opportunities in the sector [5] - Tokenization is expected to transform the ownership and trading of traditionally illiquid assets, making them more accessible through blockchain technology [5] - The implementation of tokenization for valuable but illiquid assets is theorized to foster liquidity and profitability, presenting a valuable utilization of blockchain resources [5] Technological Advancements - MetaRock, a wholly owned subsidiary of JP3E, provides a decentralized blockchain-based metaverse network service designed to ensure risk-free transaction finalization [9][10] - The technology allows for seamless transactions and includes features for gaming, VR, AI, entertainment, and e-commerce, enhancing user experience in the metaverse [9][10] - The scientific appraisal of the artwork utilizes advanced technology, including the 6th Rock Yangam Quantum Appraisal Device, which boasts a 99% accuracy rate [6]