Metaverse event company RLTY raises over $6m for expansion


French-based metaverse event company RLTY has raised more than $6 million to fund new event-building tools and expand its team.

RLTY’s range of virtual spaces and venues caters to concerts, festivals, art fairs and other events.

“Metaverse platforms offer infinite possibilities for both companies and brands,” said RLTY co-founder Zack Sabban.

“Our mission is to provide access to these worlds and leverage them to create unique events for as many people as possible, free from geographical, cultural or financial obstacles. RLTY is currently the only one-stop shop for creating metaverse events from A to Z and we are proud to be backed by the biggest names in the meta sphere.”