HONG KONG, Dec. 20, 2021 /PRNewswire/ -- Lion Group
Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of
an all-in-one trading platform that offers a wide spectrum of
products and services and developer of new growth products that
include SPAC sponsorship, NFT, and metaverse-related initiatives,
today announced its NFT language project MetaWords has passed
CertiK security audit.
MetaWords was created in collaboration with renown Chinese
calligrapher and conceptual artist Mr. Xu
Bing. MetaWords consists of Character NFTs derived from Mr.
Xu's Book of the Ground. One of the most influential artists
on the international stage, Mr. Xu's artistic exploration focuses
on social symbols, language and communication with unique,
expressive style. Drawing upon this, MetaWords aims to serve as a
universal meta-language for the Metaverse based on
high-recognition, high-consensus symbols in contemporary
society.
Minted through Lion's NFT platform, Character NFTs serve as the
basic units of the MetaWords language system. MetaWords work also
includes Shard NFTs, which are excerpts drawn from Mr. Xu's book,
and Original NFTs that are new works created by members of the
community using MetaWords NFTs and the Lion NFT platform's creation
tool. MetaWords NFTs can be purchased exclusively through Lion's
NFT platform at auction or through a blind box, using a Smart
Contract for transactions.
The project is exclusively authorized by Mr. Xu and launched by
Flying Lion Lab, a subsidiary of Lion. Flying Lion Lab will use revenue generated from the
sale of characters for its global marketing campaign, inviting more
people from conventional fields, content creators, and internet
natives to get to know MetaWords and join the Metaverse.
About Lion
Lion Group Holding Ltd. (Nasdaq: LGHL) operates an all-in one,
state-of-the-art trading platform that offer a wide spectrum of
products and services, including (i) total return service (TRS)
trading, (ii) contract-for-difference (CFD) trading, (iii)
insurance brokerage, and (iv) futures and securities brokerage. In
addition, Lion owns a professional and experienced SPAC sponsorship
team to become a leader in the SPAC arena, helping guide private
companies through their listing journey while creating value for
Lion itself. Lion is also fully committed to building the world's
top one-stop, cross-chain, high-expansion non-fungible token (NFT)
marketplace and entering metaverse space through blockchain
technology. Additional information may be found at
http://ir.liongrouphl.com.
Forward-Looking Statements
This press release contains, "forward-looking statements" within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Lion's actual results may
differ from their expectations, estimates and projections and
consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as "expect,"
"estimate," "project," "budget," "forecast," "anticipate,"
"intend," "plan," "may," "will," "could," "should," "believes,"
"predicts," "potential," "might" and "continues," and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, Lion's expectations with respect to future performance
and anticipated financial impacts of the Business combination, the
satisfaction of the closing conditions to the business combination
and the timing of the completion of the business combination. These
forward-looking statements involve significant risks and
uncertainties that could cause actual results to differ materially
from expected results. Most of these factors are outside the
control of Lion and are difficult to predict. Factors that may
cause such differences include, but are not limited to: (1) the
inability to maintain the listing of the post-acquisition company's
ADSs on NASDAQ following the business combination; (2) the risk
that the business combination disrupts current plans and operations
as a result of the announcement and consummation of the
transactions described herein; (3) the inability to recognize the
anticipated benefits of the business combination, which may be
affected by, among other things, competition, the ability of the
combined company to grow and manage growth profitably and retain
its key employees; (4) costs related to the business combination;
(5) changes in applicable laws or regulations; (6) the possibility
that Lion may be adversely affected by other economic, business,
and/or competitive factors; and (7) other risks and uncertainties
to be identified in the proxy statement/prospectus relating to the
business combination, including those under "Risk Factors" therein,
and in other filings with the Securities and Exchange Commission
("SEC") made by Lion. Lion cautions that the foregoing list of
factors is not exclusive. Lion cautions readers not to place undue
reliance upon any forward-looking statements, which speak only as
of the date made. Lion does not undertake or accept any obligation
or undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions or circumstances
on which any such statement is based, subject to applicable
law.
Contacts
Lion Group
Tel: +852 2820 9011
Email: ir@liongrouphl.com
ICR, LLC
William Zima
Tel: 1 203 682 8233
Email: ir@liongrouphl.com
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SOURCE Lion Group Holding Ltd.