Ice Code Games Acquires AMIHAN to Launch Europe's First Public RWA Firm
ICG signs binding deal to acquire 100% of AMIHAN OÜ, pivoting toward real-world asset tokenization with AMIHAN holders taking 60% control.
Ice Code Games (ICG) has signed a binding Private Share Purchase Agreement to acquire 100% of AMIHAN OÜ, a move the company says will transform ICG into Europe's first publicly listed real-world asset (RWA) and tokenization company, according to an announcement distributed via GlobalNewswire.
The deal restructures ownership significantly: upon closing, AMIHAN's existing holders will control 60% of the combined ICG entity, effectively handing the acquired company's backers majority influence over the newly repositioned firm. The transaction marks a sharp strategic pivot for ICG, which had previously operated in the gaming sector.
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Real-world asset tokenization — the process of placing ownership rights to physical or financial assets on a blockchain — has drawn growing institutional interest globally, and the deal positions ICG to compete in that expanding market from a publicly traded European platform. The binding nature of the PSPA signals that both parties have moved beyond preliminary discussions into committed legal territory.
The announcement did not disclose a transaction price or a projected closing date, leaving investors to await further regulatory filings for financial specifics. What is clear is that ICG is betting its corporate future on the RWA sector at a moment when tokenization infrastructure is attracting significant capital across global markets.
Continue reading at GlobalNewswire.
