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Looking Glass Labs Goes Public on the NEO Exchange as the DeFi Sector Continues to Expand

Toronto | February 3, 2022 – NEO is pleased to announce that Looking Glass Labs Ltd. (“LGL” or the “Company”), a Vancouver-based leading Web3 platform specializing in non-fungible token (“NFT”) architecture, immersive metaverse environments, and virtual asset royalty streams, is now listed on the NEO Exchange. LGL is available for trading under the symbol NFTX.

With a wealth of experience in NFTs and cryptocurrencies, LGL creates and issues NFT collections and provides a full range of support services to brands, artists and communities who require technical, legal, promotional or creative assistance. Additionally, through the Company’s NFT royalty streams, LGL earns a share of value each time NFTs change hands within certain ecosystems. The Company’s wholly owned subsidiary, House of Kibaa (“HoK”), is a digital studio that designs and curates a metaverse for 3D assets.

“Following a strategic review of a variety of exchanges, we selected the NEO Exchange on which to list the common shares of Looking Glass Labs,” commented Dorian Banks, CEO of Looking Glass. “We are excited to be listed on NEO because it’s a senior exchange that provides added liquidity and exposure for our investors, which is also expected to enable our continued growth in our core areas of the Metaverse, NFTs, and the blockchain. Management feels that NEO shares our passion for Web3 technologies and its endless range of opportunities, and we are looking forward to the increased visibility of trading on the NEO Exchange. Additionally, we expect this listing to provide LGL with the opportunity to reach a broader range of institutional and retail investors, while having greater access to capital.”

Investors can trade shares of NFTX through their usual investment channels, including discount brokerage platforms and full-service dealers.

“The blockchain ecosystem continues to grow at an astonishing rate, and we are proud to support quality companies that are shaping the digital future,” remarked Jos Schmitt, President and CEO of NEO. “Looking Glass Labs is an innovator in this rapidly evolving field, and their decision to list on the NEO Exchange – Canada’s Tier 1 exchange for the innovation economy – was a strategic one. We wish them a warm welcome on this milestone day and look forward to serving as a catalyst for their growth as a publicly listed company.”

The NEO Exchange is home to more than 200 unique listings, including some of the most innovative Canadian and international growth companies, and ETFs from Canada’s largest ETF issuers. NEO consistently facilitates close to 15% of all Canadian trading volume. Click here for a complete view of all NEO-listed securities.

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About the NEO Exchange

The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

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About Looking Glass Labs Ltd.

Headquartered in Vancouver, British Columbia, Looking Glass Labs is a leading Web3 platform specializing in non-fungible token (“NFT”) architecture, immersive metaverse environments, play-to-earn tokenization and virtual asset royalty streams. Its leading brand, House of Kibaa (“HoK”), designs and curates a next generation metaverse for 3D assets, which allows functional art and collectibles to exist simultaneously across different NFT blockchain environments.

Connect with Looking Glass: Website | LinkedIn Twitter

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