Tiger Royalties and Investments PLC Maiden Incubation Partnership Agreed

RNS Number : 1920U

Tiger Royalties and Investments PLC

22 January 2025

 

For immediate release                                                                                          22 January 2025

Tiger Royalties and Investments Plc

('Tiger' or 'the Company')

 

Maiden Incubation Partnership Agreed

 AI Venture Capital Utility Meme Coin Project, AROK.VC

 

Tiger is pleased to announce that Bixby Technology Inc, its wholly owned subsidiary specializing in the identification, incubation and development of technology projects, has formed its maiden incubation partnership with the founder of a sentient AI Agent called AROK (www.arok.vc).

 

AROK is an automated venture capital agent project based on Artificial Intelligence that uses sophisticated automated methods to support and innovate on investments in the meme coin space.  It has over US$1.27M in meme coins under management.

 

The key terms of the incubation partnership are as follows:

-     Bixby Technology Inc will support the development of the AROK project by providing incubation services for marketing, development, operations and strategic direction.

-     Bixby Technology Inc has received 100M AROK.VC tokens for these incubation services.   As of 22 January 2025 these tokens have a market value of 0.00003355 SOL per token (US$850,000), as derived from Dex Screener.^[1]   Due to potential market illiquidity and/or volatility the actual value of such tokens may differ from the market value at any point in time.

-     Bixby Technology Inc will have a right of first refusal to invest into the project for a period of 2 years.

 

Jonathan Bixby, said: "Our model is to incubate and scale up ambitious commercial ideas using utility meme coins to recognise the value we add. AROK is the perfect first deal to showcase our approach. AROK is a pioneer in demonstrating the potential benefits that AI can bring to the Venture Capital industry. The market growth for AI Agents has been extraordinary with AI Agents emerging as one of the most promising and transformative segments in the AI market growth. We expect this to be a growing future market and are delighted to support AROK on its journey." 

 

The developer of AROK, Leo Mercier, said: "Humans trade with varying degrees of emotion.  AROK trades only with data.  This partnership isn't just about meme coins - it's about machines finally understanding (in a similar way to humans) what makes markets move.  Arok is building the foundation for autonomous AI agents to reshape a major part of the financial stack and the combination of humans and AI has great potential benefits."

 

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU as it forms part of the UK law pursuant to the European Union (Withdrawal) Act 2018.  The person who arranged the release of this announcement on behalf of the Company was Jonathan Bixby.

 

A copy of this announcement is available at the Company's website www.tiger-rf.com

 

 

 

 

 

 

For further information please contact:

Tiger Royalties and Investments Plc	Jonathan Bixby/Raju Samtani, Director	[phone]
Beaumont Cornish (Nomad)	Roland Cornish Felicity Geidt	[phone]
(Joint Brokers)	Email:[e-mail]

  Fortified Securities                   Mark Wheeler                                    [phone]

  Novum Securities                   Jon Belliss                                      [phone]

 

Yellow Jersey PR                   Annabelle Wills                                           [phone] (Public Relations)

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

 

 

Forward Looking Statements:

Certain statements in this announcement are or may be deemed to be forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'' ''could'' "should" ''envisage'' ''estimate'' ''intend'' ''may'' ''plan'' ''will'' or the negative of those variations or comparable expressions including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth results of operations performance future capital and other expenditures (including the amount. Nature and sources of funding thereof) competitive advantages business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements including risks associated with vulnerability to general economic and business conditions competition environmental and other regulatory changes actions by governmental authorities the availability of capital markets reliance on key personnel uninsured and underinsured losses and other factors many of which are beyond the control of the Company. Although any forward-looking statements contained in this announcement are based upon what the Directors believe to be reasonable assumptions. The Company cannot assure investors that actual results will be consistent with such forward-looking statements.

 

 

 

 

 

 

 

 

 

 

 

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^[1] https://dexscreener.com/solana/Cwe5k2iEy8dt7vCGY93GBrqQS4FWyac6pQjvjLcPD6qp

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