Samsung Next Backs NFT Tech’s Portfolio Company Metablox, Fueling DePIN Sector Growth

NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTC: NFTFF) ("NFT Tech" or the “Company”) is excited to announce a significant milestone in its investment portfolio within the DePIN sector. Our strategic investment in Metablox, a pioneer in decentralized physical infrastructure, has yielded a landmark achievement with Samsung Next’s recent investment in Metablox's flagship product, Roam. This collaboration underscores the robust potential of our projects and highlights the industry's confidence in the transformative power of DePIN technologies.

Samsung Next’s investment in Roam signifies a critical validation of the technology's viability and its capability to reshape global connectivity. Aligning with a leading technology innovator like Samsung, Metablox is poised to expand its reach and accelerate the adoption of its revolutionary DePIN solutions, driving forward our shared vision of a more interconnected world.

“Our commitment to investing in and developing DePIN infrastructure has positioned us at the forefront of the digital revolution,” said Wayne Lloyd, CEO of NFT Tech. “This strategic focus has always been not only about advancing technology but also about creating sustainable value for our investors and partners. The success of Metablox and the recognition by such a massive player like Samsung Next exemplify the potential of our investment strategy and our visitation of the decentralized future.”

With Samsung Next's involvement, Metablox's Roam is set to further enhance its operational capabilities and broaden its market presence. This partnership will foster deeper integration of blockchain technology in physical infrastructure projects worldwide, setting new standards for connectivity and decentralization.

As we progress, NFT Technologies remains dedicated to supporting the growth and innovation of Metablox, along with our other strategic ventures in the DePIN space. We believe in the transformative impact of blockchain technology and are committed to its application in creating a more efficient and accessible global infrastructure network.

About NFT Tech

NFT Tech builds and invests in projects and infrastructure that drive web3 adoption through real-world utility. The company's enhanced focus on AI-driven solutions aims to increase consumer engagement and discover new business models with the help of generative AI.

Publicly listed on the NEO exchange under the symbol NFT and on the OTCQB under the symbol NFTFF, NFT Tech leads the charge in connecting traditional capital markets with the forward-looking web3 domain. The company's strategic investment in decentralized physical infrastructure networks (DePIN) exemplifies its ability to pioneer comprehensive ecosystems that leverage blockchain for practical, real-world applications, offering insights and advantages to the public markets.