Mergers & AcquisitionsMedium11 September 2026
2 min read

Ice Code Games Acquires AMIHAN to Pivot into Real-World Asset Tokenization

Key Facts

1Ice Code Games signed a binding preliminary agreement to acquire 100% of Estonia-based AMIHAN OÜ.
2The acquisition will be funded through the issuance of new shares of Ice Code Games, listed on Poland's NewConnect.
3The deal marks a strategic pivot for the company from game development to real estate and Real-World Asset (RWA) tokenization.

In a move reflecting the growing trend of integrating emerging technologies into traditional sectors, Ice Code Games has announced a comprehensive strategic pivot. The company, listed on Poland's NewConnect exchange, signed a binding preliminary agreement to acquire 100% of Estonia-based AMIHAN OÜ. According to reports, this acquisition marks a definitive shift for the firm from its game development roots toward the tokenization of real estate and Real-World Assets (RWA).

The acquisition will be funded through the issuance of new Ice Code Games shares to AMIHAN shareholders, providing the acquired entity with access to public capital markets. AMIHAN's portfolio includes real estate projects in the Philippines, Southeast Asia, and Africa, as the company aims to build a repeatable platform for financing real-asset ventures via blockchain. Per market data, this pivot positions the firm within the burgeoning decentralized finance sector focused on tangible assets.

Looking ahead, updated price levels for Ice Code Games are currently unavailable, but investors are awaiting the completion of regulatory procedures and the registration of new shares. On the economic calendar, recent data from September 4, 2026, showed mixed global signals, with US Non-Farm Payrolls at 162k and the unemployment rate holding at 4.1%. Traders should monitor the registration of shares on NewConnect as the primary upcoming catalyst for the company.