#Blockchain #Australia #Sydney #InFocus Group #Mythos Group

InFocus and Mythos Group Launch New Digital Ventures Strategy

InFocus Group Holdings Limited (ASX: IFG), a prominent player in the field of data analytics and software solutions, has unveiled a strategic partnership with Mythos Group, a robust presence in the Asia-Pacific digital assets landscape. This collaboration aims to propel digital entrepreneurship through blockchain technology, artificial intelligence (AI), and Bitcoin integration. The joint initiative, dubbed InFocus Digital Ventures, is backed by an initial funding facility of AUD 10 million, setting the stage for significant advancements in the digital assets sector.

The Vision Behind InFocus Digital Ventures

Ken Tovich, CEO of InFocus, articulated the vision for InFocus Digital Ventures, stating, "This is where our existing product and service platform converges with the future of digital assets." With Mythos as a long-term partner, InFocus is positioned to leverage combined capital, expertise, and structure to launch ventures that harness the potential of blockchain, AI, and Bitcoin. The strategic approach is designed to generate revenue from the outset while aligning with overarching business goals.

As part of the initial plan, InFocus anticipates drawing AUD 2.5 million from the financing facility by the end of the week. This influx will be invested immediately in the Monochrome Bitcoin ETF (CBOE IBTC), which provides InFocus with indirect exposure to institutional-grade Bitcoin. This investment strategy enables the company to realize assets in either cash or Bitcoin as strategic opportunities arise.

The Partnership with Mythos Group

The AUD 10 million convertible loan for the complete issuance must still receive approval from shareholders and regulatory bodies. Notably, Mythos Group, along with other investors, is subject to extended lock-up periods of up to 360 days on all issued shares - a structure designed to ensure long-term alignment between Mythos and InFocus.

The establishment of InFocus Digital Ventures will serve as a launchpad for innovative projects that combine InFocus's competencies in AI, cybersecurity, and software development, with the objective of becoming a leading provider of blockchain-based services.

About InFocus Group Holdings

InFocus Group Holdings Limited stands as a leader in data intelligence and software solutions, with a proven track record in data analytics, software, and platform development. The company's capabilities span business-scale data analytics, business intelligence, cybersecurity, AI, and machine learning, emphasizing team augmentation through advanced technological solutions.

About Mythos Group

Mythos Group operates as a multi-strategic holding entity within the digital assets domain, boasting a formidable presence across the Asia-Pacific region. The group invests comprehensively within the digital asset ecosystem, supporting early-stage crypto startups while engaging in Bitcoin-backed corporate financing strategies, PIPE transactions, and regulated crypto platforms.

Through strategic partnerships that deeply understand local market dynamics, Mythos aims to enhance blockchain adoption and facilitate the flow of capital displaced from traditional markets into the digital asset market, further solidifying its leadership in this emerging sector.