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Remember the 1X NEO hype?
@xmaquina, a project in the @peaq ecosystem, has just voted to acquire some shares in their company
They are essentially positioning themselves as proxy exposure to web2 robotics growth by acquiring a treasury of hard to access shares
Interestingly, 1X is rumoured to be preparing to raise $1B at a ~$9B valuation, while xmaquina’s acquisition comes via secondary markets around $4.55B valuation
Currently they already hold a stake in:
> Apptronik
> Figure AI
> Agility Robotics
Accessibility to sector exposure is a key selling point of robotics in web3, interesting to see someone take it a step further