Futureverse asset sale settles but unsecured creditors likely to miss out

Fluf World is part of the Futureverse ecosytem. (Image: NZME)

Mon, 01 Dec 2025

Metaverse venture Futureverse Corporation’s unsecured creditors are likely out of luck despite a sell-down of assets, the first receivers’ report said. “Based on the outcome of the sales process, we do not expect there to be funds available from the receivership for distribution to unsecured creditors,” the report said. Futureverse Corporation's directors, Daniel Gillespie and Aaron McDonald, voluntarily appointed McGrathNicol as administrators in late September.Immediately thereafter, on Sept 30, Neal...

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