- Business
- Cypher Metaverse Inc. (CSE:CODE) operates as a venture capital firm specializing in early-stage investments across emerging technology sectors, including blockchain, cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi), metaverse platforms, bitcoin mining, and cannabis-related ventures; its portfolio encompasses strategic holdings such as Trdr (a virtual immersive social trading app), Arcology (a blockchain platform with machine-learning integration), Pressland (a blockchain-powered media directory), ICO Ranker and Blockchain Ranker (token industry rating platforms), SV CryptoLab (a cryptocurrency mining operation), metaverse estate plots in The Sandbox, and cannabis assets via Code Cannabis Investments including the acquired Love Hemp (OTC:WRHLF) and pursuits in US hemp-derived CBD production. The Vancouver, British Columbia-based company, founded in 2013 with a US subsidiary in Silicon Valley, targets North American, UK, and global digital markets to accelerate innovation through capital markets access. Recent developments include multiple private placement financings closed in October 2024, September 2024, June 2025, and July 2025 to support working capital and acquisitions such as Agape Luxury Brands Inc.; a share consolidation in October 2024; the appointment of Jeff Koyen to the board in February 2025; plans for a virtual lounge launch in its Sandbox metaverse holdings in early 2025 with NFT and AI integrations; board changes with Harrison Ross's resignation and Michael Hop's addition in August 2024; a change of auditors and late annual financial filing in April 2025; and management cease trade orders with default status updates from May to June 2025.