Cleo.xyz, the parent company of Zenko Protocol and Pavia.io, today announced the acquisition of assets and intellectual property of Script Network, a decentralized broadcasting network and peer-to-peer communication protocol. The acquisition strengthens Cleo’s position at the intersection of decentralized technology, digital media, and enterprise engagement, creating new opportunities for global organizations to access blockchain-powered broadcasting through a simple, scalable, and secure platform.

Under Cleo’s ownership, Script will become the broadcasting arm of the Cleo Do Good ecosystem, enabling brands, sports organizations, and enterprises to launch and manage their own digital broadcast channels with built-in transparency, audience engagement, and verifiable distribution. The combined capabilities are designed to redefine how organizations communicate at scale by unifying media delivery, community activation, and digital ownership.

As part of the transaction, Script Network founders Abiel Alazar and Akeem Ojuko will join Cleo in strategic advisory roles, supporting the integration of Script’s broadcasting, adtech, and decentralized infrastructure with Cleo’s enterprise clients and broader product suite, including Pavia.io’s metaverse platform and Zenko Protocol’s engagement technology.

“This acquisition marks a major step forward in our mission to build purpose-driven technology ecosystems,” said Jason Sibley, CEO of Cleo. “By integrating Script’s advanced broadcasting infrastructure, we can empower Fortune 500 companies, professional sports teams, and global communities to launch their own broadcast environments, reaching audiences directly while staying aligned with Cleo’s vision of technology that creates positive impact.”

Abiel Alazar, CEO and Co-founder of Script Network, added:

“Joining forces with Cleo allows us to scale our vision globally. Script’s decentralized broadcasting technology, combined with Cleo’s enterprise relationships and execution capabilities, will transform how media is produced, distributed, and experienced.”

All SCPT holders will receive a migration, more information on this will follow.

The transaction was advised by GDA Capital, a leading digital asset investment firm. Michael Gord, Founder and CEO of GDA Capital, and Abizar Chitalwalia, Venture Partner at GDA, will continue supporting the combined enterprise as it scales internationally.

This acquisition positions Cleo as a leader at the intersection of Web3 infrastructure and enterprise media, significantly expanding its total addressable market and reinforcing its long-term growth trajectory. Together, Cleo and Script are bridging the gap between decentralized infrastructure and institutional adoption, establishing the foundation for the future of enterprise communication and digital engagement.

About Cleo

Cleo is a mission-driven technology company building decentralized infrastructure and tools that empower organizations to engage global audiences responsibly and transparently. Through its portfolio, including Zenko Protocol and Pavia.io, Cleo provides end-to-end solutions for enterprise communication, digital participation, and community-driven experiences. Learn more at Cleo.xyz.

About Script

Script Network is a decentralized broadcasting and media infrastructure platform designed to power next-generation streaming, adtech, and peer-to-peer video delivery. Script enables organizations to create, distribute, and monetize broadcast-grade content through Web3-powered scalability, transparency, and audience engagement tools.

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The post Cleo.xyz Acquires Script Network to Expand Its Do Good Leadership into Decentralized Media and Enterprise BroadcastingCleo.xyz Acquires Script Network to Expand Its Do Good Leadership into Decentralized Media and Enterprise Broadcasting appeared first on Live Bitcoin News.