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Vinyl Group Ltd (ASX:VNL) is set to boost its expansion into British and European markets through the acquisition of Serenade – a UK-based Web3 platform for physical and digital collectibles. The Melbourne-based Vinyl has bought up Serenade’s assets – including its UK subsidiary – through a Business Deed Sale which began with a $800,000 upfront scrip payment which is to be followed by a scrip earn-out of $1.5 million based on P&L targets. Shareholders in Serenade received $800,000 worth of Vinyl shares (valued at $0.09739) under the agreement, and will receive a further $1,500,000 in shares if…

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