Metaverse company Translucia has acquired a major stake in the Thai e-sports community Infofed. Although the specific acquisition amount in US dollars has not been disclosed, it is estimated to reach 8 figures.
It is reported that Infofed was established in 2015 to provide one-stop community services for game manufacturers, game enthusiasts and e-sports players. It has an online e-sports competition community eArena and an offline e-sports venue Thailand E-Sport Arena. Translucia, a Metaverse developer under Thai entertainment giant T&B Media Global, will set up an eSports training camp with Infoded and develop eSports content within its Metaverse.