According to TechFlow, on June 29, Animoca Brands and Futureverse, a metaverse infrastructure company, reached a strategic partnership. The two parties will promote the development of the technology stack and token ecosystem through mutual investment. This cooperation will accelerate the development of the Futureverse token ecosystem, including Root Network's ROOT token, ASTO tokens that support Futureverse's artificial intelligence protocol, and SYLO tokens that promote SYLO's communication and social graph protocols. According to the memorandum of understanding, Futureverse and Animoca Brands intend to conduct an equity swap involving shares of the other party (or their respective group companies) worth US$5 million.