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Benzinga
Benzinga
Business
Anusuya Lahiri

EXCLUSIVE: Creatd To Spin-off Web 3.0 Assets

Creatd Inc Nasdaq

Creatd Inc (NASDAQ:CRTD) looked to spin off its media library, The OG Collection, and its associated Web 3.0 business, OG Gallery, into a new publicly-traded entity. Creatd would retain a minority interest in the spun-off entity.

What Happened: Founder and Chair Jeremy Frommer said, "With the completion of our recently launched proprietary technology platform, the OG Gallery, the new company will be one of the few Web 3.0 pure-play publicly traded companies."

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