HONG KONG, Jan. 14, 2022
/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 the launch
of its Lion NFT market platform (https://lionnft.io/).
Simultaneously, the Company is pleased to introduce its cooperative
NFT art project, MetaWords (https://metawords.io/), created in
collaboration with renown Chinese calligrapher and conceptual
artist Mr. Xu Bing.
MetaWords is the evolution of Xu
Bing's artwork Book from the Ground into the
Metaverse, consisting of Character NFTs derived from his work. 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. Starting this project
in 2003, Mr. Bing aims to build a universal language system for the
current era. by collecting, arranging, and creating symbols with
cross-cultural and -regional references. Drawing upon Book
from the Ground, MetaWords serves as an infrastructure to build
a universal meta-language for the metaverse, attributable to its
high-recognition, high-consensus symbols from contemporary society.
The first phase of MetaWords will be sold at an auction featuring
30 characters and blind boxes will be offered to the public on
January 17, 2022.
In addition, MetaWords has drawn attention from the industry as
a result of the diverse and innovative application of Flying Lion
Studio, a subsidiary of Lion. Using this meta-language
infrastructure, users can exercise MetaWords and also make
secondary creations. As such, in addition to adding value to
collections, character holders can also obtain revenue sharing from
the creation and use of new characters by other users.
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 Holding
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.