Metaverse Firm Infinite Reality to Buy Esports Company ReKT for $470M in Stock

Infinite Reality has agreed to purchase esports giant ReKT Global for $470 million. ReKT is known for its esports teams such as Team Rogue and London Loyal Ravens. Celebrity DJ Steve Aoki is one of ReKT’s investors. Infinite Reality plans to go public in a SPAC merger with Universal Security Instruments.