Metavesco Inc. (OTCMKTS: MVCO), a firm operating in the cryptocurrency space, acquired Laborsmart Inc.

The deal follows a previous acquisition announced by Metavesco of the assets of staffing firm Epic Labor in September.

The acquisitions of both Laborsmart and Epic Labor will close Jan. 1, 2024, according to the company. Once that occurs, Metavesco plans to rebrand all Laborsmart locations to Epic Labor. The company also reported the entire Laborsmart team will join Epic Labor.

SIA has reached out to Metavesco for more information.

Metavesco in September announced plans to start a staffing division.

“Metavesco is creating a wholly owned subsidiary utilizing the Epic Labor name and will seek to build this brand into the staffing provider of choice,” CEO Ryan Schadel said in a press release discussing the Epic Labor deal. Schadel is also CFO, sole director and majority shareholder of Metavesco.

Metavesco is a “crypto liquidity provider.” Techopedia defines a liquidity provider as someone who supplies buy and sell orders to a decentralized finance project “by depositing crypto into a pool that other traders can use to conduct swaps on the platform.”

The company also has a Bitcoin mining operation in Texas and invests in nonfungible token projects and virtual land, according to a filing with the SEC. In addition, it owns the Boring Brew LLC and Bored Coffee Lab LLC. Boring Brew partners with NFT holders to use their intellectual property coffee bags and sells specialty coffee.