Nasdaq-listed SEGG Media to pursue $300M Web3 investment

Nasdaq-listed SEGG Media (SEGG) has announced a $300 million program focused on cryptocurrency and tokenization. The company plans to allocate 80% of the funds to Bitcoin-centric cryptocurrency investments, with the remaining 20% designated for acquiring Web3 companies and developing real-world asset (RWA) tokenization. Through a partnership with ZIGChain, SEGG also plans to tokenize sports and entertainment assets and establish a related exchange.