Skip to main content

ARAX Acquires Stake in The Nemesis Metaverse

· 4 min read

ARAX Holdings Corp. (ARAX; Ticker: ARAT) has acquired a 20% stake in The Nemesis, an open-world metaverse platform developed by Undo Studios SA (Lugano, Switzerland), with an option for an additional 11%. The move aligns ARAX with Web3 trends and opens opportunities across gaming, entertainment, smart cities, and healthcare.

This partnership will redefine enterprise solutions in the metaverse, enhancing ARAX’s digital asset and attribute management via the Core Business Holdings Ecosystem.

“This acquisition is not just an investment; it's a commitment to shaping the future of how we interact in the digital world,” — Ockert Loubser, COO of ARAX

The Nemesis preview

The venture is expected to enrich shareholder value by enabling The Nemesis deployment on Core Blockchain and building CorePass connectors through a Unity SDK.

Metaverse Market Impact​

The metaverse is becoming a critical platform for Web3 digital economies. Studies from Meta and Deloitte project up to €489B (EU) and $760B (US) impact by 2035. Over 400M monthly users already participate across platforms (e.g., Roblox ~230M MAU). Market size in 2023: US$83.9B, with 48% CAGR through 2030 and potential US$1.3T revenue by 2030.

Bringing The Nemesis to Core Blockchain is set to drive demand for Core Token and Core Coin through metaverse applications—gamification token platforms, NFTs, communication networks, video streaming, and enterprise/industrial solutions.

Integrating CoreEcosystem into the metaverse will expand tokenization of RWAs, smart contract development, DAO management, and activate ARAX’s banking & payment gateway SaaS. The Nemesis will be positioned to deliver unrivaled digital experiences for enterprises.

Enterprise Focus​

ARAX aims to position The Nemesis as a frontier tool for:

  • User onboarding & immersive training
  • Virtual collaborations
  • Brand experiences & marketing
  • Communication networks & video streaming

Mixed-reality simulations enable new possibilities for training, product development, and customer engagement.

ARAX’s stake consolidates its market position and expands blockchain solutions globally. CorePass—the official wallet for Core Coin (XCB) and Core Token (CTN)—will expand into Unity with a fully integrated SDK, increasing reach and creating new markets across the Core Ecosystem.

Enhancing Customer Engagement​

The Nemesis’s environment enables more interactive, immersive customer experiences—potentially redefining customer service standards.

Fintech, Healthcare & Services Use Cases​

  • Transformed client onboarding, training, CRM, and remote assistance
  • Mixed reality to visualize complex data and steward it safely and ethically

Industrial Solutions​

  • Digital twins for virtual training and remote operations
  • Global collaboration to boost industrial efficiency and innovation

Explore The Nemesis: thenemesis.io

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995​

Certain statements contained in this press release may be construed as “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). All statements that are not historical facts are “forward-looking statements.” The words “estimate,” “project,” “intends,” “expects,” “anticipates,” “believes” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe harbor” provisions of the Act. These statements are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. Investors should consider this cautionary statement and furthermore, no assurance can be made that the transaction described in this press release will be consummated. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.