Futureverse Crypto Price: What The Metaverse Platform Built…
By Damilola Esebame
AI summary of the source article
Futureverse Corporation entered liquidation in December 2025 following receivership, with its ROOT token falling over 99% from its all-time high. The company previously raised $54 million and acquired Candy Digital in April 2025.
Key facts
- Futureverse raised $54 million in Series A funding led by 10T Holdings, with Ripple Labs participating.
- Futureverse acquired Candy Digital in April 2025, gaining over 4 million digital collectibles and 1.5 million user accounts.
- Creditors voted to liquidate Futureverse Corporation Ltd on December 16, 2025, following receivership and administration in September 2025.
Source excerpt · FinanceFeeds
KEY TAKEAWAYS ROOT is the governance and staking token for The Root Network, a Layer 1 blockchain developed by Futureverse. The network uses XRP for gas fees, while ROOT supports staking and governance participation. Futureverse raised $54 million in Series A funding led by 10T Holdings, with Ripple Labs participating. The company was last valued at roughly $1 billion in 2023, according to Axios.…