Welcome to our dedicated page for Humbl news (Ticker: HMBL), a resource for investors and traders seeking the latest updates and insights on Humbl stock.
HUMBL, Inc. (OTC: HMBL) generates news that reflects its transition from a technology-focused holding company into a public vehicle centered on real estate acquisition and blockchain-enabled tokenization under the TAP Real Estate Technologies, Inc. identity. Company updates have detailed corporate rebranding steps, licensing agreements for real estate tokenization technology, restructuring actions, litigation outcomes, and leadership changes, offering investors insight into how the HMBL story is evolving.
Recent press releases describe a strategic corporate rebrand to TAP Real Estate Technologies, Inc., with a focus on acquiring, managing, and tokenizing residential, commercial, and hospitality properties. News coverage explains how the company plans to use the TAP platform—covering tools such as TAP AI Analyzer, TAP Wallet, TAP Token Engine, and TAP Smart Contracts—to structure tokenized real estate offerings, manage investor participation, and administer assets over their lifecycle.
Earlier announcements highlight HUMBL’s corporate clean-up and restructuring plan, including the retirement of preferred shares, the termination of a large common stock issuance obligation, debt reduction, and the completion of an Asset Purchase Agreement with WSCG, Inc. Additional news items report on a joint venture agreement with MultiCortex, LLC that was later unwound, as well as the launch and subsequent termination of AI-related initiatives as the company refocused its strategy.
Legal and governance developments also feature prominently in HMBL news, including the dismissal with prejudice of a securities class action complaint and the appointment of Gregory Hopkins as Chief Executive Officer and later Chairman. For investors tracking HMBL, this news feed provides a consolidated view of material events, strategic shifts, financing arrangements, and regulatory disclosures that shape the company’s trajectory. Bookmarking this page allows readers to follow how HUMBL’s transition toward TAP Real Estate and tokenized real estate models progresses over time.
HUMBL CEO Brian Foote has retired an additional 45,000 Series B Preferred Stock shares, equating to 450,000,000 common shares, enhancing efforts to reduce shareholder dilution. This retirement adds to a total of approximately 774,917,333 common shares retired at his personal expense. The market value of this latest action is around $13,500,000. Foote stated the move supports HUMBL's fundraising and acquisitions strategies.
HUMBL, Inc. has announced the termination of its Securities Exchange Agreement to acquire Agora Digital Holdings, Inc., a subsidiary of Ecoark, due to failure to agree on key terms. The transaction, initially valued at $60 million in preferred stock, could not meet closing conditions despite diligent efforts. Additionally, HUMBL accepted the resignation of Brad Hoagland from its Board of Directors. The company continues to seek viable merger and acquisition opportunities and remains active in partnerships across notable sports organizations.
HUMBL has signed a definitive agreement to acquire Agora Digital Holdings, a blockchain technology firm specializing in Bitcoin mining, as part of its strategy to uplist to a national exchange. The acquisition is contingent upon Ecoark Holdings securing $10 million in funding for HUMBL. Agora Digital's owners will receive $60 million in preferred stock. This acquisition enhances HUMBL's capabilities in digital asset mining and leverages Agora's established infrastructure and management experience for future growth.
HUMBL announces the launch of a 3D brand metaverse store, 'House of Hayes', featuring MLB player Ke’Bryan Hayes and his father, Charlie Hayes. The store will be accessible on desktop and interactive headsets, allowing fans to engage with the Hayes family's baseball careers and shop for endorsed products. Customers can earn limited 'Into the Metaverse' NFTs by connecting to the HUMBL Wallet. The store is currently in beta and aims to open before the end of the MLB 2022 regular season, marking HUMBL's commitment to becoming a leader in Web 3 Commerce.
HUMBL, Inc. (OTCQB:HMBL) announced a brand endorsement deal with NFL star Myles Garrett at NFT.NYC 2022. This collaboration will kick off with a limited edition Myles Garrett NFT Collection, launching in late July 2022. The collection will feature authentic NFTs with original art and sound, linked to physical merchandise like signed footballs. Sales will support Waterboys.org, a clean water initiative. The NFTs will be authenticated through BLOCKS, with environmental impacts offset via carbon credits. The partnership aims to promote HUMBL's Web 3 blockchain platform.
HUMBL, Inc. (OTC Markets: HMBL) launched Search 3, a new cross-chain search engine aimed at easing access to Web 3, on June 1, 2022. This platform allows users to search NFTs across multiple blockchains, including Ethereum and Solana, and features a HUMBL Web Wallet for managing digital assets.
Consumers can verify NFTs through the 'Verified by BLOCKS' protocol, enhancing security against fraud. The company plans to monetize Search 3 via advertising, marketplace commissions, and loyalty programs. The search engine aims to simplify digital transactions for users.
HUMBL, Inc. (OTC Markets: HMBL) has successfully integrated the Polygon sidechain into its NFT platform, enhancing NFT delivery for creators while lowering gas fees and minting costs. This Layer 2 solution built on Ethereum facilitates faster and more cost-effective transactions. CEO Brian Foote emphasized the potential of NFTs in the evolving Web 3.0 economy. HUMBL's NFT platform will also connect with its upcoming 'Search 3' Search Engine, launching on May 31, 2022. The integration aims to support creators in the intellectual property space, expanding the NFT ecosystem.
HUMBL, Inc. (OTCQB:HMBL) announced that CEO Brian Foote has contributed 100 million BLOCKS to the company's balance sheet, valued at approximately $700,000. These hybrid Web 3 tokens support various blockchain initiatives such as mobile wallets and NFT verification. Foote emphasized the significance of differentiating blockchain digital assets as the company navigates the Web 3 economy.
Some employees are requesting compensation in BLOCKS, reflecting a trend in tech employment. The contribution aims to bolster HUMBL's operations and pilot programs.
HUMBL, Inc. (OTCQB:HMBL) subsidiary Monster Creative is contributing to the short film On The Clock, featuring the Los Angeles Rams during the 2022 NFL Draft. The film showcases the Rams' new draft headquarters, converted from a luxury Hollywood home, and includes notable players and executives.
Directed by Paul Hunter and featuring actors like Dennis Quaid and Scott Eastwood, the project aims to innovate digital content in sports. HUMBL's CEO expresses excitement over this collaboration, underscoring the increasing role of pro athletes in technology and digital content.
HUMBL, Inc. (OTCQB:HMBL) has acquired the domain name HUMBL.com, marking a strategic step in its mission to be a leading name in Web3 technology. CEO Brian Foote highlights the acquisition as pivotal for the company's branding and consumer engagement. The redesigned website is set for launch in Q2 2022, reflecting the company's commitment to enhancing user experience. The transaction was facilitated by HUMBL Blockchain Services and eWeb Development, showcasing the company's dedication to expanding its digital presence.