‍Social Levera­ge Acqui­si­ti­on Corp I has $345 mil­li­on in trust and has recei­ved com­mit­ments from AMD, Con­sen­Sys, SK Inc. and others for an addi­tio­nal $50 mil­li­on in new investments

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● W3BCLOUD pro­vi­des the under­ly­ing phy­si­cal (com­pu­te and sto­rage) infra­struc­tu­re nee­ded to sup­port the growth of the Web3 eco­sys­tem, which favors deve­lo­pers, con­tent crea­tors, and consumers.

● The tran­sac­tion values the com­bi­ned com­pa­ny at an enter­pri­se value of $1.25 billion.

● Social Levera­ge Acqui­si­ti­on Corp I has exper­ti­se in gro­wing and gui­ding dis­rup­ti­ve com­pa­nies, which will help W3BCLOUD con­ti­nue to sca­le rapidly and sup­port the growth of the Web3 ecosystem.

● W3BCLOUD expects to use tran­sac­tion pro­ceeds to signi­fi­cant­ly acce­le­ra­te its invest­ments in sto­rage and com­pu­te infra­struc­tu­re, which includes expan­ding its data cen­ter foot­print and inves­t­ing in the Web3 deve­lo­per ecosystem.

● Appro­xi­m­ate­ly 85% of W3BCLOUD’s data cen­ters’ cur­rent ener­gy con­sump­ti­on is renewable.

● The Inves­tor Pre­sen­ta­ti­on can be found on the W3BCLOUD inves­tor page, https://investors.w3bcloud.com/. (…) Wei­ter­le­sen »