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Cryptocurrency News Articles

Tiger Royalties and Investments PLC Unveils an Announcement

Jan 22, 2025 at 03:16 pm

Tiger Royalties and Investments PLC's subsidiary, Bixby Technology Inc, has entered into an incubation partnership with the founder of AROK

Tiger Royalties and Investments PLC Unveils an Announcement

Tiger ( (GB:TIR) ) has just dropped an announcement that its subsidiary, Bixby Technology Inc, has entered into an incubation partnership with the founder of AROK, a sentient AI Agent that assists in venture capital investments in the meme coin space.

This partnership will see Bixby providing strategic support to AROK, which manages over US$1.27 million in meme coins, and receiving 100 million AROK.VC tokens valued at US$0.008 each, for a total consideration of around US$850,000.

Upon launching in March 2023, AROK has quickly scanned the venture capital market and identified meme coins as a high-potential asset class. AROK’s founder, who has over a decade of experience in venture capital, will work closely with Bixby to identify and nurture promising meme coin projects.

This collaboration highlights the potential of AI in transforming the venture capital industry, offering a data-driven approach to trading that could significantly impact the financial landscape.

More about TigerTiger Royalties and Investments PLC, through its wholly owned subsidiary Bixby Technology Inc, is involved in the identification, incubation, and development of technology projects. The company focuses on innovative ventures, particularly within the AI and venture capital sectors, leveraging technology to create value.

YTD Price Performance: -11.11%

Average Trading Volume: 31,343,239

Technical Sentiment Consensus Rating: Buy

For an in-depth examination of TIR stock, go to TipRanks’ Stock Analysis page.

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