Genius Group shares fall 1.16% premarket after announcing a $14 million Share Purchase and Joint Venture Agreement with Nuanu Creative City.

Genius Group Limited fell 1.16% in premarket trading, with the company announcing the signing of a Share Purchase and Joint Venture Agreement with Nuanu Creative City at a combined $14 million valuation, launching Genius City in Bali. The Company’s ‘Genius City’ model is designed as a post-Singularity learning community based on the ‘ABC’s of the future: AI (digital economy), Bitcoin (tokenised assets), and Community (Human Connection).