Arcario AB has entered into a strategic partnership with COWA. The partnership will focus on web3 innovations and collaborative ventures. In February 2023, Arcario and COWA began exploring opportunities for collaboration.

As discussions progressed, the parties recognized the strong synergies between their respective businesses and the considerable potential to jointly advance on multiple strategic initiatives. After thorough evaluation, they mutually agreed that forming a strategic partnership would be the most effective approach to capitalize on these opportunities at this stage. Both Arcario and COWA are committed to eco-friendly web3 data center infrastructure services powered exclusively by renewable energy.

By joining forces, the companies plan to examine the feasibility of developing high-performance computing (HPC) offering to address the increasing demand for AI-powered web3 applications. In addition, Arcario and CowA have cultivated diverse venture portfolios that span the entire web3 ecosystem. As strategic partners, the firms will cooperate on future venture deals and exchange deal flow information, further solidifying their presence in the digital assets and web3 arena.

Moreover, the collaboration will afford Arcario's subsidiary and trading division, K33, exclusive access to a top-tier Swiss brokerage for asset management distribution, courtesy of COWA's parent company, LIAN Group. This access enhances K33's ability to deliver bespoke financial services to some of its clients and expand its reach within the competitive asset management market.