Stratosphere acquires Movimentum to expand Web3 growth services

Techub News, According to Chainwire, Web3 growth agency Stratosphere has announced the acquisition of Movimentum, involving a transaction of cash and equity swap. Tony Sco, former CEO of Movimentum, will serve as Chief Operating Officer and equity partner of Stratosphere, responsible for business integration and execution. The merged team will operate under the Stratosphere brand and has previously served notable projects such as Jupiter, Bonk, Polymarket, and Bored Ape Yacht Club. The agency has also expanded its business into the AI sector, collaborating with companies such as Targon and Venice, and has provided marketing services for traditional brands like Lamborghini and Red Bull Racing.