Lotte Caliber, Rakuten Wallet and ‘Metaverse Business Expansion’ MOU

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From left, Dong-gyu Kim, CEO of Caliber, Doo-young Ko, CEO of Lotte Innovate, Yu-yeol Shin, Director of Future Growth at Lotte Holdings, Hiroshi Takazawa, Vice President of Fintech at Rakuten Group, and Tatsuya Yamada, CEO of Rakuten Wallet are taking a photograph to commemorate the signing of the MOU for the metaverse business. (Photo = Lotte Innovate)

Lotte Innovation subsidiary Caliber (CEO Dong-gyu Kim) announced on the 2nd that it participated within the experiential event ‘Rakuten Optimism 2024’ held at Tokyo Big Sight in Japan with a joint booth with Rakuten Wallet and signed an MOU on ‘Expansion of Web3 and Metaverse Business’ on the primary day of the event.

Rakuten Wallet has paid attention to the content technology that Calibus is presenting within the virtual space, similar to shopping and entertainment similar to K-pop and EDM. It said that it has been discussing cooperation with Calibus since March to collaborate on the next-generation Web3 business.

We plan to introduce a brand new wallet that can make Web3 easily accessible to everyone inside this 12 months.

Meanwhile, Calibus recently participated on the planet’s largest EDM festival ‘Tomorrowland’ held in Belgium. They plan to proceed collaborating with global corporations and artists in the longer term.

Reporter Jang Se-min semim99@aitimes.com

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